Chancellor clashes with her finance minister and German media over hardline stance regarding potential GrexitWhile 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 billion 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 Continue reading...
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