Europe struggles to contain Greek debt crisis as Merkel says progress being made

BERLIN — German Chancellor Angela Merkel sought Tuesday to calm market fears that Greece is heading for a chaotic default as Europe struggles to contain a crippling financial crisis.

Merkel rejected the notion that a Greek bankruptcy — a possibility raised a day earlier by her deputy that spooked markets — would provide a quick solution to the eurozone debt crisis.

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Lally Weymouth 13 Sep, 2011

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Source: http://feeds.washingtonpost.com/click.phdo?i=6362f216da27b10890da2cd131089c8e
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