As Europe’s
finance ministers proceed to address Greece’s bailout deal, tension develops as
Greece continues to lock itself in negotiations with the countries, including
the IMF.
Germany’s
impatience with Greece’s conduct has continued after the country voted for
Syriza to change the country’s fate.
Greece and
Germany’s Financial Minister had failed to develp trust with each other,
bringing the deal with one of Greece’s bailout sponsors to a close.
Greek and
European attitudes continue to solidify with Germany stressing that a Greek
exit from the euro would be easier to manage compared to three years ago.
Germany itself is running out of money and may default.
Greece is
currently using its central and local government funds to meet its
international loan repayments. But it still has the possibility to default.
However, a
survey indicate that Greeks still wanted to stay in the Eurozone and were
willing to use a compromise instead. However, only half of the country is
willing to cut their salaries and pensions to keep the Euro.
