Not out of the woods yet - Spiegel

Interesting article from Spiegel.

http://www.spiegel.de/international/europe/0,1518,821404,00.html

Indeed, the euro crisis is far from over.

Formal IMF approval for Greek bailout:

http://www.telegraph.co.uk/finance/financialcrisis/9146994/IMF-gives-formal-approval-to-second-Greek-bailout.html