Austerity Severity: 'Talks give little hope as debts mount'

The European Central Bank has a new anti-crisis plan. It will buy bonds from struggling Eurozone nations allowing the likes of Greece and Spain to borrow even more cash cheaply. It comes as the heads of the EU's five leading economies are on a merry-go-round of meetings. French President Francois Hollande is talking with British PM David Cameron just two days after meeting Italian Prime Ministe ...