Merkel Said to Back Lower Bailout Rates for Greece, Ireland

Becker, speaking from Frankfurt with Deirdre Bolton on Bloomberg Television's "InsideTrack," also talks about Portugal's borrowing of 1 billion euros ($1.4 billion) in a bond auction today, the prospects for a Greek default and Ireland's debt. ...

Read more at: http://www.bloomberg.com/news/2011-03-10/merkel-is-said-to-support-lower-bailout-rates-on-debt-for-greece-ireland.html