No, not a supergroup from the 70s but the "big four" at the EU summit still in progress

Livesquawk now reporting a EU official who says they've broken off into a separate meeting (another one) to discuss the €50bln asset fund privatization issue

No further detail at present

EURUSD still kicking around 1.1135 EURGBP 0.7184 EURJPY 136.50

Merkel talks about lack of trust when they can't even thrash out a deal with everyone in the same room

Funny ol' game, politics