(KUNA) -- French Foreign Minister Alain Juppe on Friday welcomed the EU leaders approval of a new financial aid package to Greece to help it overcome its deteriorating debt crisis.Juppe said the move shows the European Union's
...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing...
keenness on the stability of Eurozone.
The French minister said the decision was taken upon an initiative from French President Nicolas Sarkozy
...23rd and current President of the French Republic and ex officio Co-Prince of Andorra. Sarkozy is married to singer-songwriter Carla Bruni, who has a really nice birthday suit...
and German Chancellor Angela Merkel.
...current chancellor of Germany. She was educated in East Germany when is was still run by commies, but in 1989 got involved with the growing democracy movement when the Berlin Wall fell. Merkel is sometimes referred to by Germans as
Mom...
Eurozone leaders and private creditors agreed on Thursday to give Greece a new 159-billion-euro bailout, risking a potential default to prevent the debt crisis from spreading worldwide.
The Greek deal was cheered in Asian and European stock markets in early trade on Friday and gave the euro a boost after weeks of turbulence that sucked Italia and Spain into the debt spiral.
They also vowed to keep supporting the two other eurozone nations that have received bailouts, Portugal and Ireland, until they are stable enough to borrow on the private markets again.