Diplomatically spoken: I took note of the Eurogroup statement issued Sunday evening.
I don't want to talk about the decision itself, it's big enough for the traditional media to notice, so why spend a blog post on the matter? Just wanted to leave a little comment regarding EU communication:
If I was responsible for the press releases at the Spanish EU Council Presidency, I wouldn't have written "110,000 million" when I could have written "110 billion" and I wouldn't have chosen a photo with smiling faces for a press release announcing an international aid package that should leave anybody involved sweating and crying.*
But luckily, I am neither responsible for the Spanish presidency's communication nor for financial decisions that are beyond human imagination.
* Alan Fisher at "The Europe Blog" has a much more appropriate picture for the news.