german chanceror merkel and french president met in berlin to talk about how investors such as commercial banks should be involve node rescue greece. local medias say that the two sides worked to iron out their differences. german official estated they are hoping private creditors will assume a greater burden in the rescue efforts while france is hesitant to involve the private sector. >>> the greek debt crisis continues despite the 110 euro bailout conducted last year. european leaders are under pressure to come up with a second rescue package as the credit crisis may spread to o 0er7b8g nationes with excessive debts such as italy and spain. >>> meanwhile, european commission president warned that each country needs to specify support measures for greece. >> nobody should be under any illusion the situation is very serious. it requires a response, otherwise the negative consequences will be felt in all corners of europe and beyond. >> meanwhile, here in japan, this news just in, japan's trade balance in june posted a surplus for the first time in three months following the march 11th ear