Greek Default Announcement by Merkel and Sarkozy Imminent? - Announcement on Greece Today

We should know who Greece's "AIG" is within 24 hours.

Flashing Reuters headlines

• FRENCH GOVERNMENT SOURCE SAYS SARKOZY AND MERKEL WILL MAKE AN ANNOUNCEMENT ON GREECE TODAY
• GERMAN BUND FUTURES HIT SESSION LOW AT 137.68 AFTER MERKEL-SARKOZY NEWS