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Jean-Claude Juncker

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The leaders of France and Germany have made it clear to Athens that it should not be too hopeful about getting leeway with respect to its Greece bailout agreement unless it agrees to maintain the tough Greece reform targets. It seems that the head honchos of the Euro Zone in Brussels are determined to make sure that Greece stays within the Euro Zone.

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With financial turmoil creeping in the country and the borrowing rate of Italy towering above 7 percent, many small European countries are forced to hunt for help. The eurozone finance ministers are considering a financial aid package for the country. 17 ministers of the eurozone have quickly managed to raise adequate money in order to build confidence among the world markets that their currency won’t give up.

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“Convince Us First” Say European Governments Finance Ministers Seven arduous hours of talks in Luxembourg resulted in a worrisome situation, with finance ministers of …

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