Galery

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The result is a relief for Merkel, who leads the Christian Democratic Party and is finding it increasingly difficult to keep her center-right coalition united, because the debt crisis in the eurozone is deepening and threatening the recovery of the international economy. 

Belgium: Prevent Lehman Brothers #2

For his part, the Belgian Finance Minister Didier Reynders repeats that "the objective of Europe should not be for Greece to die cured", and stresses that the EU should help the country "so as to avert Lehman Brothers #2". 

In an interview for the Greek weekly "First Issue", he added that "Europe must urgently implement the measures agreed on July 21 and accelerate its action for Greece, and especially as regards the privatization programme." 

As for the French-Belgian bank Dexia, which has a large exposure to the Greek government debt, Didier Reynders noted that there is cooperation between central bankers on both sides so that adequate measures can be taken for depositors and creditors. The Belgian Finance Minister however said that one should remember that deposits in Belgium are guaranteed up to 100,000 Euros.