Averting Greece bankruptcy, leaders of euro zone countries and IMF have agreed to unlock 43.7 billion euros to the heavily-indebted Greek economy.
The Greek bailout cannot possibly work, says David Buick, partner at BGC.
Sweden expects emergence of "significant measures" from European Union Summit on Sunday to tackle the euro zone crisis and hopes the problems would end by middle of next year.
Moody's Investors Service on Wednesday placed France's top three banks, BNP Paribas, Societe Generale and Credit Agricole (CASA), on review for a possible downgrade, citing the banks exposure to Greece's debt crisis.