Stumbling from crisis to crisis

I have lost count of the number of times EU leaders have met to resolve the eurozone crisis.  Bank liquidity, sovereign debt and 'contagion' have been addressed, only for the problems to resurface within days, often in a more virulent form.

http://www.telegraph.co.uk/finance/financialcrisis/9332663/Debt-crisis-ECB-last-hope-as-dam-breaks-in-Spain.html

http://www.telegraph.co.uk/finance/financialcrisis/9332466/Debt-crisis-Francois-Hollande-and-Mario-Monti-call-for-more-action.html

http://www.telegraph.co.uk/finance/financialcrisis/9331474/Angela-Merkel-rejects-miracle-solutions-as-Spain-debt-costs-soar.html

http://www.spiegel.de/international/europe/euro-crisis-helps-germany-by-lowering-borrowing-costs-a-838880.html

http://www.telegraph.co.uk/finance/financialcrisis/9294907/Eurozone-crisis-Why-is-the-7pc-bond-yield-important-for-Spain.html

http://www.telegraph.co.uk/finance/financialcrisis/9331157/Spanish-bond-yields-hit-7pc-danger-level-after-Moodys-downgrade.html

http://www.telegraph.co.uk/finance/financialcrisis/9329614/Moodys-Spains-credit-rating-could-be-cut-to-junk-within-three-months.html

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100017891/dutch-disease/
A good short overview.