After hesitation, Germany's Merkel presses for swift Greek rescue

German Chancellor Angela Merkel was hoping to wait until after a crucial election next month before taking up the unpopular issue of a financial rescue for Greece. As it turns out, building pressure from the sovereign-debt market is making that impossible. Merkel has switched to demanding swift, decisive action on Greece, but critics said her weeks of hesitation could end up costing Germany billions of euros.

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