European leaders are stepping up attacks on speculators they accuse of excaberating the debt crises

Welcome Back. European leaders are stepping up attacks on speculators they accuse of NOT creating - but excaberating - the debt crises of some European countries. Such speculators are being blamed for pushing up the interest rate at which the Greek government could borrow and nudging the country towards bankruptcy. Greece was finally given emergency bailout package to save it from defaulting on its debt. And a package worth 750 billion Euros has been set up to help other indebted countries. On Tuesday, the European Council issued a directive which will sharply curtail speculative trading - especially 'hedge' funds. And Germany became the first Eurozone country to announce a concrete measure by banning naked short selling. Chancellor Angela Merkel has stressed the entire future of the Euro was now at stake.