Investing

France and Germany Still Press for Greek Austerity

The relationship between Germany and France on the one hand and Greece on the other spins from accommodation to exasperation in an almost regular cycle. Despite support of the euro, in concept, Angela Merkel and Francois Hollande told the Greek government that they would not relent on their insistence that the southern European nation adopt radical austerity programs to get bailout funds.

Many experts expect that if Greece cannot comply, it will be forced from the European Union, which will shred the alliance. Reuters reports that Hollande recently said:

We want, I want, Greece to be in the euro zone, it’s a desire we have expressed since the start of the crisis. It’s up to the Greeks to make the effort that is essential for that goal to be met.

Hollande’s opinion probably will change if a collapse of Greece threatens the financial security of France.

Douglas A. McIntyre

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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