From your link: "It emerged Sunday, however, that finance ministers from Europe's largest economies, including Germany, France, Italy and Spain, have already attended secret meetings several times in order to be able to discretely discuss the euro crisis, the Süddeutsche Zeitung newspaper reported on Monday. " Secret meetings? This sounds like mafia rather than a legitimate union of countries. Why should they hold secret meetings? Think about it. Politicians are supposed to work for people who elect them and be thoroughly accountable. Holding secret meetings where nobody knows what they discuss resembles to the activities of secret societies of the past.
Here's some bad news: S&P rating said we need to forgive 50% of the debt, i.e. a partial jump ship, this is stated in their downgrade on Mon.