Greece today is trying to find another few hundred million dollars worth of budget cuts. Meanwhile, the rating agency Moody's has downgraded the credit ratings of six European countries, which is likely to make matters worse.
Nicholas Sarkozy and Angela Merkel are speaking in Berlin today, trying to hash out the details of a master plan to save the euro. But it appears the leaders are still working on the same old problems.
Germany is being asked to pay more than any other country to help bailout Greece, but Germany's citizens resent Greece's opposition to tough budget cuts.