MARKETS SULLEN: Investors have soured on an agreement that requires European Union member countries that use the euro to balance their budgets and give the International Monetary Fund money to help countries with heavy debt.

NEW LOWS: The euro slid to an 11-month low against other currencies, and borrowing costs spiked for heavily indebted Italy.

MORE NEEDED SOONER: Analysts in Europe complained that the deal doesn't addressing the most pressing problem: the broad debt crisis. It was also unclear how the agreement would be enforced and whether more countries might drop out. Britain has rejected the deal.