And back in the real world rather than how we wished it was (From BBC website)... "Even at this late hour others weigh in. The head of the 16-nation Eurogroup, Jean-Claude Juncker, says: "Greece must understand that taxpayers in Germany, Belgium and the Netherlands are not prepared to correct Greek fiscal policy mistakes". The French Economy Minister, Christine Lagarde, reminded everyone that the euro was built on the premise that "there would be no bail-out, because everyone had to play by the same rules and had to respect the same discipline". At the end of last week the Greek Prime Minister George Papandreou sounded like a man who knew he needed to do more. "Will we let the country go bankrupt?" he asked, "or will we react?" So he may this week announce yet more austerity measures, perhaps a further cut in benefits or a hike in sales tax. He must hope he can squeeze his public sector some more whilst keeping the rioters at bay. Some European leaders still hope somehow Greece can convince the markets that it can cut its deficit by 4% this year and avoid any rescue. However, the believers out there are few. Giant hedge funds have placed their bets; the euro will drop further. In their view the euro's inherent weaknesses are not being addressed. Most senior European officials believe some kind of bail-out will be needed. While they watch these latest moves George Papandreou is set to travel to Berlin on Friday to meet Angela Merkel. It is a key meeting. If Greece is to be rescued by Europe the Germans will have to be at the heart of it. The German people are against; it was their big fear when they gave up their beloved Deutschmark that they would end up bailing out the reckless."