Comment: Sink or Swim - Greek tipping point has been reached.

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Sink or Swim - Greek tipping point has been reached.

French, Greek, German leaders discuss Greek crisis
Leaders of Greece, France, Germany complete emergency teleconference on Greek crisis
On Wednesday September 14, 2011, 1:47 pm

ATHENS, Greece (AP) -- The leaders of Greece, France and Germany have discussed in an emergency teleconference the financial crisis that has shaken global financial markets.

Many investors are convinced Greece will not be able to fix its public finances under its current economic plans. Interest rates on the country's 10-year government bonds soared to new record highs hitting the alarming level of 25.3 percent on Wednesday, more than 23 points higher than the German equivalent.

http://finance.yahoo.com/news/French-Greek-German-leaders-ap...