Economy/Business News Alert: European Union leaders fail to reach deal on treaty changes

	Friday, December 9, 2011 12:09:31 AM ECONOMY/BUSINESS NEWS ALERT European Union leaders fail to reach deal on treaty changes Leaders of the 27 nations of the European Union failed after overnight negotiations to reach agreement on sweeping treaty changes to quell the region's debt crisis, leaving the 17 nations that share the euro scrambling to reach a more limited accord. French President Nicolas Sarkozy said the full E.U. talks broke down because of British insistence that a treaty protect London from future regional financial regulations. The impasse did not mean a rescue plan was dead. In fact, a European official said a more-limited accord, involving the 17 euro-zone nations and six others, was close to completion. Read more at: http://www.washingtonpost.com/world/europe/europeans-fear-debt-deal-could-usher-in-crippling-austerity/2011/12/08/gIQAbgwFfO_story.html Or visit PostBusiness.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071 ©2011 The Washington Post Privacy Policy