Why Europe Has Only A Month To Solve Debt Crisis

(CNN) -- If Europe's leaders do not restructure the euro and European debt within a month, the markets will force it on them.

The highly publicised three-way phone conversation between German Chancellor Angela Merkel, French President Nicolas Sarkozy and Greek Prime Minister George Papandreou may have calmed the markets but it provides no solution for Europe's economic and banking woes. If anything, by delaying decisions, it makes the crisis worse.

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