There is always a price for promises you don't keep!
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France believes in Greek plan, Germans still in doubt
French President François Hollande described Greece’s new reform proposals as “serious and credible” Friday but Germany, which unlike France was not directly involved in drawing up the last-minute rescue plan, remained deeply skeptical. “The Greek government just showed a willingness to stay in the eurozone. The program is serious and credible,” said Hollande, whose Socialist government has long been more inclined to give Athens leeway than Angela Merkel’s German conservatives and their fiscally-conservative allies in much of northern Europe. Michael Fuchs, a senior German lawmaker from the ... (full story)