Ce n’est pas encore le bout du tunnel : malgré des progrès, la crise de l’euro est loin d’être terminée

Infographie : François Descheemaekere

Not Out of The Woods Yet - Despite Progress, Euro Crisis Is Far From Over

[Spiegel Online]

The Greek debt cut worked and the rescue package has gone through. So is the euro crisis over? By no means. The situation in Greece will take a turn for the worse again in a few weeks. The other euro nations will have to use the time until then to get their own houses in order -- especially Germany.

For a change, everything has been going according to plan in the fight to save the euro in recent weeks. On Wednesday, euro-zone finance ministers gave the green light to the €130 billion ($170 billion) second rescue package for Greece. […] So has Greece been rescued and financial markets been tamed? Is the euro crisis a thing of the past? Unfortunately not.
With their successes in the last few days, euro-zone politicians have done little more than bought themselves time. They must use this window to brace themselves for the next wave of the euro crisis which is about to crash down on Europe.
http://www.spiegel.de/international/europe/0,1518,821404,00.html