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Eurowrap 22/08/12

A focus on the key news and analysis surrounding the eurozone crisis


Draghi does his best

But is it enough?

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Political squabbling in Spain could torpedo the country's progress on reforms 

Who will bear the brunt of cuts worth more than 10% of Spain’s annual GDP?

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Euro optimism surges, a Greek tax revolt flares up: it’s decision time

A tax revolt in Hydra, Greece, comes just before the all-important meeting in Berlin.

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What happened after Europe's last three currency 'Unions' collapsed 

A history lesson.

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