"The top priority is to avoid an uncontrolled insolvency, because that wouldn't just hit...

|By:, SA News Editor

"The top priority is to avoid an uncontrolled insolvency, because that wouldn't just hit Greece," German Chancellor Angela Merkel says in a rebuff to coalition members who have pushed to consider allowing a Greek default. She added: "Everything must be done to keep the euro area together politically, because we would very quickly face a domino effect."