EU President Tusk: Europe came close to a catastrophe

Donald Tusk, President of the European Council

Donald Tusk, President of the European Council

According to Donald Tusk, the European Union came within 2.5 billion euros of having a catastrophe this week:

July 17, 2015

ATHENS—Europe came close to catastrophe as the talks between Greece and its creditors for a new bailout deal last weekend almost failed, European Council chief Donald Tusk said in an interview with a Greek newspaper published on Friday.After 17 hours, the two sides finally struck a deal in the early hours of Monday morning, staving off financial meltdown in Greece and a likely exit from the euro zone ...

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