Greece is set to default and there's not much more the E.U. is looking to do to change that fact.
That’s right.
German Prime Minister Angela Merkel has, essentially, blown the EU’s financial and political load and let the geo-political and financial world (ahem – markets?) know that Greece will soon be on its own to figure out and solve the economic mess it finds itself in now.
Read more: http://www.businessinsider.com/eu-germany-lets-world-know-greece-is-on-its-own-2011-9#ixzz1ZGJTXuFF
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