Global financial markets will likely remain agitated this week, with signs that speculators are preparing to launch an attack on Spain, at the same time that the European Union inches closer to a bailout plan for Greece.
Friday’s meeting between Greek prime minister, George Papandreou, and the head of Deutsche Bank, Josef Ackermann, has bolstered hopes that Germany may be softening its tough stance towards Greece. On Friday, the Greek prime minister will fly to Berlin to meet German chancellor, Angela Merkel.
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