Germany and Italy 'confident' on Greek bail-out

Berlin on Friday indicated it will give a green light to the second bail-out deal for Greece, backing down on the idea of postponing parts of the agreement until after Greek elections take place in April.

German Chancellor Angela Merkel, Italian Prime Minister Mario Monti and Greek premier Lucas Papademos held a joint phone call on Friday (17 February) in which they said they were "confident" a long-postponed deal to help Greece avoid bankruptcy will be sealed off at a meeting of eurozo...