Source: RT
German Chancellor Angela Merkel is urging her lawmakers to support the
new rescue package for Greece. This despite worries that Athens will
need even more cash in the future, and suggestions from Germany's
Interior Minister that it's time Greece left the Eurozone altogether.
The 130-billion euro bailout was agreed in principle last week after
months of tense discussions among the Eurozone leaders. Germany, as
Europe's richest economy, has to contribute the majority towards it. But
there is a sense of unease in Berlin that it will have to keep coughing
up cash to prevent a Greek debt default. It's the second bailout in a
little over 18 months would ensure Athens can pay its debtors for the
time being. To discuss the possible outcome of this package, RT is joined
by political analyst William Engdahl.
