Europe coming apart

I have been busy for the past few days and haven't paid close attention to Europe. The euro had been holding up, but it's starting to weaken. What is going on in Europe? Hard to say with conflicting information coming out almost hourly. Here's Mish's take: Merkel Cancels Speech to Parliament; "Merkozy Marbles"

Merkel is feuding with the German Parliament

Sarkozy is feuding with Merkel

Sarkozy is feuding with the ECB

The IMF is feuding with the EU