Angela Merkel stands firm on finding resolution to Greece crisis

Chancellor clashes with her finance minister and German media over hardline stance regarding potential Grexit

While the German chancellor, Angela Merkel, is publicly insistent on reaching a compromise deal that ensures Greece is saved from insolvency, expectation is rising - in Germany and elsewhere - of a Greek exit from the eurozone.

With just two weeks to go for Athens to find a solution to creditors' cash-for-reforms demands for a 1.6 bn euro repayment to the International Monetary Fund, a Greek default - and a Grexit with it - are viewed in Berlin as ever more likely.

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