"Former Singapore Prime Minister Lee Kuan Yew said his country had no plans to buy European bonds and even a China-led rescue won't be able to resolve the ongoing debt crisis, a report said Wednesday."
I don't think the EU will break apart but check this out:
"As Europe begins what's sure to be a very hectic week, the volume of conflicting statements about the Greek bailout is truly stunning. There have been multiple reports of some kind of deal worth $30-$34 billion, and yet check out what Germany's Angela Merkel told German TV, according to the Sydney Morning Herald:
...the German chancellor denied any such plan was in the works, saying "there is absolutely no question of it".