Eurozone crisis


The eurozone crisis is rumbling on despite a pledge of support for Greece from Germany and France.

German chancellor Angela Merkel and French president Nicolas Sarkozy quelled fears that Greece could be forced out of the eurozone, referring to the beleaguered country as "integral".

In response Greece confirmed it would attempt to meet implement austerity measures in exchange for the European Union/International Monetary Fund bailout.

However growth forecasts in the eurozone are still expected to be cut.


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