Greek bailout made official
The Greek bailout was finally made official yesterday and whilst it didn't lead to any sell off in the markets, the euro didn't jump for joy and effectively investors were pricing in the prospect of the country needing yet another bailout down the line.
Eurozone leading light Jean-Claude Juncker said Thursday that it is ``obvious'' Greece needs a second bailout, due to its mammoth debts, but the size of the rescue remains unclear.