Thursday 21 July 2011

Germany blocks Greek bailout at eurozone crisis summit as debt-ridden country warns it faces ‘slow death’ without £45bn handout

Daily Mail
*Merkel says Greece must face 'selective default' after pact with Sarkozy
*She persuades French president to drop bank levy plan for £45bn bailout
*Crunch talks in Brussels could lead to death of euro if there's no agreement
*Fears of European Black Friday engulfing Britain if no Greek deal is sorted
*But stock markets RISE on news that two biggest economies are 'resolved'

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