EU leaders plan to create a permanent crisis-management mechanism

KHANTY-MANSIYSK. At the joint press conference...                              I

While continuing to struggle with the sovereign-debt crisis, EU leaders agreed to establish a permanent crisis-management mechanism in 2013. Germany pushed through the amendment to the bloc's treaty. "Our task now is to hold the course, walk, not talk, and prove those wrong who predicted the demise of our common currency," said European Commission President Jose Manuel Barroso. Full story here