The Guardian: Leaked draft statement ahead of Copenhagen meeting says ESM to be capped at €700bn and fall back to €500bn More than two years into a debt crisis that has raised fundamental questions about the longevity of the euro, the single currency's finance ministers are to decide...

  (Reuters) - Euro zone finance ministers agreed on Friday on a temporary increase in their financial rescue capacity to prevent a new flare-up of Europe's sovereign debt crisis, but markets may judge it too small to be convincing.   Austrian Finance Minister Maria Fekter said the...

  (Reuters) - The euro zone should not commit more than 800 billion euros in rescue aid, and tapping that money should only be available when countries promise reforms, German Finance Minister Wolfgang Schaeuble said on Thursday. The financial firewall would stand ready to help the...

  The Economist: Sparks fly in a murky business WORRIES about hidden ties between politics and business prompted many Czechs to support anti-corruption candidates in a 2010 election. Their hopes of change have frayed: a series of scandals has embroiled the three-party coalition...