Now that Greece's bailout and the framework for a banking supervisor have been taken care of, EU leaders are focussing on reforms -- like boosting economic competitiveness. But so far they've only agreed on a time frame.
Chancellor Angela Merkel says Germany will scrutinize reform efforts to make sure euro nations don't slack under a new stimulus plan. Merkel and Italian Prime Minister Matteo Renzi addressed a range of eurozone issues.
Reactions in Europe to the victory of anti-austerity party Syriza have suggested that Greece is on a "collision course" with the rest of the bloc. Eurozone finance ministers are to meet shortly.
The European Central Bank has said it will spend upwards of 1 trillion euros on a bond-buying spree to shore up the eurozone economy. It cited the specter of deflation and slack in the euro area as reasons for the move.
The leaders of Germany and France spoke with Ukrainian President Petro Poroshenko by phone on Sunday, discussing economic reforms and a tenuous ceasefire that has been repeatedly violated since September.
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