Beyond the possibility of ECB liquidity, the summit could also surprise by addressing necessary, long-term measures toward fiscal integration which are a precondition to give peripheral bond markets and growth a chance to stabilize.
Advances in global economic integration as well as financial reform measures such as Dodd-Frank and others are moving market participants to trade their financial instruments on centralized, monitored exchanges so we can help avert another financial meltdown like we had in 2008.