Yields on Greek debt soared and, since 2009, Greece has relied on on the largesse of the rest of the Eurozone, most notably financially conscientious Germany, to remain solvent. (fortune.com)
France, the Eurozone's second - largest economy, returned to growth with a 0.3 % gain after flatlining in the second quarter, and there was an eye - catching positive surprise from Greece, whose economy contracted «only» 0.5 %, even though the quarter marked the peak of its fight with the rest of the Eurozone over a new bailout agreement. (fortune.com)
The importance of a Spanish bailout is less about the country than what it might portend for the rest of the eurozone. (canadianbusiness.com)