Merkel Hardens Resistance to Euro-Area Shared Debt

Chancellor Angela Merkel hardened her resistance to euro-area debt sharing to resolve the region’s financial crisis.
Tsipras Has Backed Himself Into Corner: Jacobides
22:33 - Greek Prime Minister Alexis Tsipras has backed himself into a corner following the weekend referendum over proposals for austerity, according to Michael Jacobides, professor of entrepreneurship at the London Business School. "Reality, or panic perhaps, is starting to set in," he told Manus Cranny in an interview Monday on Bloomberg Television's "Countdown." (Source: Bloomberg)
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