While the nations across the world are waiting for the European debt crisis to come to an end, a recent report of rift between Germany and France has put a question mark over the future of cash- crunched Greece.

Though France has refused to confirm any clash of interest over the utilization of euro zone's 440 billion rescue fund, it has been indicated by a senior EU diplomat that there is a simmering disagreement over the same.

Financial crisis has proved quite taxing for European employees, as now they do not get pension benefit and they are also exempted from availing many privileges which they earlier boasted of.

But, there is one country which has proved its metal and has stood out by taking preventive measures to avoid recession. Now it is on other countries to make cuts and keep their economy debt proof as Germany is flowing in profits, which would not have been possible without the efforts of it countrymen as they did not say anything when government levied tax on them.

German and French support to Greece has proved lucrative for Japan as its Nikkei index witnessed an upward jump. It has been informed that the Nikkei index was 1.8% up at 8,668.86. It is said to be its biggest jump since last week.

It is believed that positive waves coming from the debt ridden country, Greece has caused this sudden jump. There are rumors of China coming forward to support debt ridden countries like Greece.

On Sunday, it was revealed that Germany and France has urged Moammar Gadhafi to step down and give up immediately as the rebels have entered the Libyan capital of Tripoli. The German Chancellor, Angela Merkel told ZDF television that it would be good for the country and people if he would give up and quit as early as possible so that further bloodshed could be avoided.

A recent report has suggested that London-based Cairn Capital is betting on France and Germany, losing their AAA status. Simultaneously, the hedge fund, which credits to manage $24.5 billion in assets, has marked potentially high costs of bailing out periphery countries throughout the European Financial Stability Fund and France's huge exposure to Italy as a reason for a possible downgrade.

With the Eurozone crisis prolonged, much more than what could’ve been expected, there are certain sparks and reactions coming from the member nations. According to recent reports, it has been revealed that Germany and France are in favor that the Eurozone deal must be implemented before things go further out of hand. The debt crisis, being faced by the group of nations, has seemed to take a toll on the various activities of the same.

On Thursday, Germany and France have reserved the first two quarter-final spots in the women's World Cup fro Group A while kicking out Nigeria and Canada.

Latest update in FIFA Womens' World Cup has shown that two of the European teams were able to defeat their challengers to be able to secure more stable position in the game. It was France which defeated the stubborn Nigeria and Germany that overtook Canada.