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Greece has indicated that they will not let up in its drive to overcome mountainous government debt.  The pledge comes after the second bailout bought the country breathing room.  Euro zone countries agreed on Thursday to second bailout package of 109 billion euros of governmental money and a contribution by private bondholders possibly as high as 50 billion euros by mid-2014. Additionally euro leaders made provisions for limiting the damage if credit rating agencies consider and declare Greece to be in default.

There is a great breath of relief for the Greek economy and this will gradually pass on to the real economy, Greek Finance Minister Evangelos Venizelos told reporters on Friday. But by no means, does this mean we can relax our efforts.

Some onlookers are concerned the deal does not go far enough to cover probable other debt burdened nations.

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