On the edge of the abyss

European countries that use the euro are in panic on the fact that Greece is defaulting on its debts. Countries that use euro are going to meet in order to discuss how to lend and help Greece. Greece is trying to ban the short-selling of shares on Greece's stock market, but this is not helping. People still percieve that Greece will default on its debts. Greece is asking for up to €45 billion ($60 billion) in emergency loans from euro-zone governments and the IMF this year. Investors do not seem convinced that euro-zone governments will be able to muster the political will to hammer out an agreement.