France and Germany are set to pledge their solidarity with Greece on Thursday (11 February), in a sign to investors that the embattled Greek state will not be allowed to default on debt obligations.
Despite a detailed plan from Athens last month setting out spending cuts and revenue raising measures, market doubts over the health of Greek public finances have grown in recent weeks, weighing heavily on Greek stocks and causing bond yields to shoot up.
French President Nicolas Sa...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login