France and Germany Seek Bail-out Agreement on Greece

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Via the BBC:  Greece: Merkel and Sarkozy urge bail-out

The leaders of Germany and France have said that they want a new rescue package for debt-laden Greece to be agreed as soon as possible.

Angela Merkel and Nicolas Sarkozy were speaking after Greece’s Prime Minister George Papandreou announced a cabinet reshuffle.

[…]

Mrs Merkel and Mr Sarkozy met in Berlin after a public disagreement between their governments over whether private investors should be forced to assume a greater burden to resolve Greece’s debt crisis.

In the category of “a picture is worth a thousand words” (or, in this case, a bar graph), the following is instructive as to why the leaders of these countries in particular might be interested in a solution to the crisis:

Countries most expose to Greek debt

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One response to “France and Germany Seek Bail-out Agreement on Greece”

  1. As you say, the graph at the bottom does go a long way to explaining their stance …

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