BERLIN (Reuters) - Last week's EU summit went a long way towards forging the closer economic ties needed to prevent future debt crises but markets are likely to judge it as too little and too late to solve the current one, and as on previous occasions the measures are unlikely to calm investors for long.
European Union (EU) leaders ended the summit with a historic agreement to draft a new treaty for deeper integration in the euro zone, but analysts and policymakers remained sceptical such long-term steps could solve the crisis that has shaken Europe for two years.
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