A Telegraph article on EC president Barroso in which he describes the problems the EU faces and highlights the fact that the only way to "convince" the markets is to provide the data and let the markets confirm the facts for themselves.
The head of the European Commission urged the 27 European Union leaders to begin a "rapid reassessment" of the bloc's rescue mechanisms.
He said governments should rapidly review "all elements" including the size of the €440bn European Financial Stability Fund (EFSF) and the €500bn European Stability Mechanism to "address the current contagion" in the eurozone.
"It is clear that we are no longer managing a crisis just in the euro-area periphery," he said, adding that markets remain to be convinced that the EU is taking the appropriate steps to resolve the crisis.
He said the July 21 agreements - which has yet to be ratified the individual member states - giving the EFSF the possibility of "precautionary use, recapitalisation of banks and intervention in secondary bond markets, are not having their intended effect on the markets."
Investors have pushed yields on benchmark Italian and Spanish government bond to 14-year highs, reflecting "a growing scepticism among investors about the systemic capacity of the euro area to respond to the evolving crisis", he said.
Mr Barroso attributed market pressure on euro states to slow global growth and US debt problems as well as to "first and foremost, the undisciplined communication and the complexity and incompleteness of the July 21 package".
Greece, Portugal and the Irish Republic - known as the eurozone's periphery countries - have needed bailouts. The fear is that the current rescue fund is not big enough to cover bailouts of Italy and Spain.