German Chancellor Angela Merkel defended the argument about a possible temporary Grexit speaking to her conservative parliamentary group ahead of the vote for Greece’s third bailout on Friday, a source said. “I think it’s definitely right to think through and discuss every option in such a situation,” Merkel said, according to a participant at the emergency meeting of the Christian Democratic Union party on Thursday. The comment of the German chancellor comes after the criticism the junior coalition partner, the Social Democrats (SPD), have directed at Finance Minister Wolfgang Schaeuble for his suggestion that Greece could take a “time-out” from the Eurozone if it failed to meet the bailout requirements. Greece’s temporary exit from the Eurozone is a Schaeuble suggestion that generated a lot of negative comments from Greece and other Eurozone leaders. The German chancellor asked the CDU lawmakers to agree to negotiations for a third Greek aid package in the German Bundestag lower house of parliament vote scheduled for Friday. “This will save Europe from going through an ordeal,” she said, according to the source.
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