For the time being, the markets have relaxed a little. On Wednesday night in Brussels, the Euro countries achieved their first results in the fight against the debt crisis.

The banks are to write off half the Greek debt.It was also agreed that the clout of the EFSF rescue fund should be increased by about one billion Euro. Details about how this is to be achieved have still not been published.

The result: The stock exchanges have grown. The Euro has jumped to its highest level for weeks.However, a final solution to the crisis is not in sight. Experts warn about too much euphoria. Even the smallest delays in the rescue plan could tilt the mood once again.

The situation remains critical.

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