"Everything" must be done to avoid a default on payments by Greece, a scenario which, however, cannot be ruled out. The euro is not in danger but a solution needs to be found today. Thus expressed Jean Claude Juncker, president of the Eurogroup and prime minister of Luxembourg, upon his arrival in Brussels for the extraordinary summit of European leaders on the Greek question.
Juncker praises the common position found by France and Germany, which will help the whole euro area to avoid contagion from other countries. The president of the Eurogroup does not even rule out the possibility of selective default, hindered instead by the president of the ECB Jean Claude Trichet. More skeptical on the other hand about the hypothesis of introducing one bank fee to help finance the new aid to Greece: "I think there will be no agreement on this point".
