France, Germany agree on Greek debt package

The nations resolve a dispute over private holders of Greek bonds, agreeing that they will not be forced to participate in a second bailout. Amid growing unrest, the Greek prime minister shakes up his Cabinet.

After days of increasing alarm among investors, the leaders of Europe's two heavyweights, France and Germany, reached agreement Friday on a key element of a second rescue package to help debt-ridden Greece avert a potentially catastrophic default.

Source: http://feeds.latimes.com/~r/latimes/news/~3/-d1tppmGTH8/la-fg-greece-bailout-20110618,0,7419221.story

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