13.12.2011 - 13:51 [ Reuters ]

Analysis: Isolation fears push outsiders to embrace euro zone

Nine of the 10 non-euro-zone EU countries agreed at a summit last week to back the 17 members of the bloc in drafting an intergovernmental plan for fiscal union to try to save the euro after Britain refused to back the goal of EU treaty change. For all the chaos of the crisis, the nine countries face a choice between tying themselves closer to Germany‘s economic might or risking the same isolation that Britain has chosen.