October 27th, 2011
06:08 PM GMT
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Brussels (CNN) – Travelling to Brussels this weekend on the Eurostar, one couldn't help feeling as though the train was moving into the abyss: The endless money pit that was soon to become the "no eurozone."

Upon my return journey, all things euro appeared somewhat to have regained their star quality, after European Union leaders finally reached a deal on how to solve the eurozone's sovereign debt crisis.

At around 4:15am local time Thursday, and after hours of fraught negotiations, a pale and exhausted French president, Nicolas Sarkozy, mounted the podium in room 20.45 of the European Council. He was there to brief his compatriots, European neighbors and the world. Finally – it seemed - disaster had been averted.

After two summits in four days, the heads of the European Union's 27 members –including 17 of those that use the euro - agreed to what they called a “lasting” and “credible” solution.

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