May be, just may be.....

...the first step to lance the debt boil.

http://www.telegraph.co.uk/finance/financialcrisis/9343049/Debt-crisis-Spain-and-Italy-to-be-bailed-out-in-600bn-deal.html

Then again..............


http://www.telegraph.co.uk/finance/financialcrisis/9345571/Debt-crisis-bond-buying-plan-to-ease-euro-debts-only-theoretical-says-Angela-Merkel.html
OOPS!!

http://www.telegraph.co.uk/finance/financialcrisis/9342802/Debt-crisis-Europe-forced-to-fill-gap-as-ECB-refuses-to-buy-bonds.html

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9342869/G20-summit-perils-of-a-half-baked-rescue-for-Spain-and-Italy.html

http://www.spiegel.de/international/europe/merkel-ally-rejects-bailout-concessions-for-greece-a-839961.html

http://www.telegraph.co.uk/finance/financialcrisis/9344641/Eurozone-crisis-Greece-has-a-government.html

http://www.spiegel.de/international/europe/parties-form-new-greek-government-a-840047.html

http://www.spiegel.de/international/germany/bavarian-governor-seehofer-insists-on-conditions-for-euro-bailouts-a-839560.html

http://www.spiegel.de/international/europe/merkel-ally-rejects-bailout-concessions-for-greece-a-839961.html

http://www.telegraph.co.uk/finance/financialcrisis/9345380/Greek-coalition-to-plead-for-leniency-on-bail-out.html

http://www.telegraph.co.uk/finance/comment/jeremy-warner/9345313/Debt-crisis-markets-bet-Germany-will-be-dragged-down-with-everyone-else.html

http://www.telegraph.co.uk/finance/financialcrisis/9343783/Debt-crisis-prepare-for-Lehmans-re-run-Bank-official-warns-as-leaders-poised-to-bail-out-Spain-and-Italy.html