A small group of EU leaders met over the weekend to discuss solutions to the financial crisis that has started to grip Europe's banking system after Germany refused to support France's suggestion of a pan-European bailout fund, and abruptly changed its policy from a week earlier after it announced the government would fully guarantee all German bank deposits. As Europe's economic superpower, the move puts pressure on other European leaders to follow suit. The EU's 27 finance ministers will meet in the coming weeks to try and hammer out details of a potential accord.
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