Article BFFA Angela Merkel stands firm on finding resolution to Greece crisis

Angela Merkel stands firm on finding resolution to Greece crisis

by
Kate Connolly in Berlin
from Economics | The Guardian on (#BFFA)

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.

Related: Greece crisis: PM blasts 'criminal' IMF in defiant speech - live updates

Related: Greek crisis: Europe has nothing to fear from Syriza's belligerence

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