As a clear damp dawn rose over Brussels on Friday morning, the tired and tetchy leaders of Europe emerged bleary-eyed from nine hours of night-time sparring over how to rescue the single currency and indeed the entire European project.
Brave faces were put on, bluffs called, counter-bluffs revealed, vetoes wielded. Histrionics from France's Nicolas Sarkozy, poker-faced calm from Germany's Angela Merkel, David Cameron gambling the UK's place in Europe by opting to battle for Britain rather than helping to save the euro. When the dust settles, Friday 9 December may be seen as a watershed, the beginning of the end for Britain in Europe. But more than that – the emergence for the first time of a cold new Europe in which Germany is the undisputed, pre-eminent power imposing a decade of austerity on the eurozone as the price for its propping up the currency.
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