EU finance ministers delay aid decision
Beyond quick action, Simon Tilford, chief economist for the London-based Centre for European Reform, says European governments need to fundamentally change the way they handle the crisis. "Despite mounting evidence that the current strategy is not working, instead of reassessing the strategy, eurozone policy-makers are essentially digging their feet in and just persisting with a strategy that isn't working. And that is very worrisome," Tilford said.