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EU president Herman Van Rompuy has announced a deal has been reached to help Greece cope with its deficit crisis.

Mr Van Rompuy emerged from two hours of intense negotiations in Brussels to say, alongside German Chancellor Angela Merkel and French President Nicolas Sarkozy, that they were joining a full summit of EU leaders 'to announce the deal that we have reached'

Mr Sarkozy and European Commission President José Manuel Barroso nodded but refused to expand when pressed on the detail of their accord.

The euro zone will take coordinated action if necessary to safeguard the financial stability of the single currency area, President Herman Van Rompuy said.(RTÉ)

by Colman (colman at eurotrib.com) on Thu Feb 11th, 2010 at 08:05:26 AM EST

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