Greece debt crisis puts Germany’s Merkel under pressure

Angela Merkel - Public Domain

A “No” from Germany could railroad any third bailout for Greece.

And German politicians are not happy. They have already agreed to two bailout deals – the second time round many voted “Yes” reluctantly to a deal that, as one German newspaper put it, gave them “political tummy ache”.

Take Wolfgang Bosbach. He is a senior member of Angela Merkel’s conservative Christian Democrat party.

“I will not vote in favour of a third bailout package for Greece,” he says. “I voted for the first expecting the plan would work, expecting Greece to reform.

“Instead the situation got worse and worse and the liabilities for the German taxpayer keep rising.”

(Read the rest of the story here…)

***If you are a news addict, be sure to bookmark The Most Important News and visit on a daily basis for the very best breaking news, articles and videos from all over the Internet!***