"Greek Prime Minister George Papandreou confirms he is stepping down, but discussions on the identity of his successor have collapsed. Photograph: BBC News
9.20pm: What a dramatic day in Europe's ever-deepening debt crisis - with Italy's borrowing costs soaring and Greece's efforts at creating a unity government ended in more discord than ever.
Back at 7.40am I suggested today would be all about Great Expectations. Consider them dashed."
9.20pm: What a dramatic day in Europe's ever-deepening debt crisis - with Italy's borrowing costs soaring and Greece's efforts at creating a unity government ended in more discord than ever.
Back at 7.40am I suggested today would be all about Great Expectations. Consider them dashed."
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