The News

President Sarkozy is now playing down the importance of France's AAA rating - just a hiccough, just one opinion. I'm sure no one assumes this means he has prior knowledge that France will be re-rated.

There are murmurs in the City that the markets might have a pop at a Eurozone country before Christmas, which would mean the deal done last week would be out of date by the time they had written it down.

Italy's bond yields went into new territory at 7.2% before buying by the ECB brought them back below 7%.

Some are saying that the German Commerzbank, Germany's second largest, may need to be rescued.

Polls show a decent majority of the British electorate think Cameron did the right thing.

Story is Angela Merkel wants another summit before the end of the year. Well, that should solve it.