A striking mural contrasts with the harsh struggle of an immigrant collecting recyclable items in Athens. Immigrants are facing particularly troubling times due to Greece’s economic hardships often facing beatings, insults and exclusion Photograph: Louisa Gouliamaki/AFP/Getty Images
“I don’t know what I am talking about. And, quite frankly, you should be relieved that I know that I don’t know. The world is full of people proclaiming about stuff they don’t know much about. My trade depends on it. Pundits, politicians and economists, too, all depend on some kind of bladder-busting meta-analysis to keep us quiet. In fact, they are just winging it.”
— Suzanne Moore on embracing uncertainty
“We journalists are probably too bleary-eyed after a sleepless night to understand the full significance of what has just happened in Brussels. What is clear is that after a long, hard and rancorous negotiation, at about 5am this morning the European Union split in a fundamental way.”

In an effort to stabilise the euro zone, France, Germany and 21 other countries have decided to draft their own treaty to impose more central control over national budgets. Britain and three others have decided to stay out. But whether the agreement does anything to stabilise the euro is moot. (via theeconomist)

Follow the Guardian’s live blog on developments here. Other content we’ve got today on the Eurozone:

(via theeconomist)