Euro ministers upbeat on Greece, crisis solution

http://www.reuters.com/article/2012/01/27/us-eurozone-davos-idUSTRE80Q0YZ20120127
Euro zone finance officials voiced optimism on Friday that a deal to avert a disorderly Greek default was imminent and that key building blocks to resolve Europe's sovereign debt crisis are gradually fitting into place. An agreement between the Greek government and bonholders has been made. Italy's borrowing costs have fallen under 2%; however, both european governments and institutions need to step up their support to pull Greece out of this for they are still over 120% indebted. The goal is more firepower for a firewall against this kind of fall, and new packages and plans are being drawn hesitantly to do just that.