Germany, France Call for Greek Bail-Out

Angela Merkel and Nicolas Sarkozy today issued a clear statement in favor of providing emergency funding to debt-stricken Greece. Just a few days ago it appeared that German and French officials were contradicting each other on whether or not investors should be forced to suffer losses. The latest move however, sends a clear signal to the markets that the Eurozone’s two largest economies do not intend to see investors taking a loss.

Source: BBC News

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