German chancellor has told the Bundestag that they should give Greece another chance, and approve talks on a third aid dealSchäuble: This is Greece’s last chanceSummary: Merkel says Greece faces chaos without dealOpposition: Greece needs serious debt reliefDebate begins - highlights start hereIntroduction: Merkel celebrates birthday in the BundestagExplained: Which other countries have to vote 11.46am BST Many in the City are unconvinced that a third Greek bailout will succeed.Ipek Ozkardeskaya of London Capital Group explains: Although the very much expected Greece-EU deal is almost sealed, the market remains sceptical on Greece’s future in the Eurozone.The bailout package, as agreed, is too strict to fuel the growth engine in Greece. The €86bn aid package is going to be a financial relief for couple of more years. In the absence of significant aid to investment, we will be discussing the Grexit once that money would have melted. 11.45am BST Not all German MPs are best pleased with their finance minister:#Germany SPD's Schneider attacks FinMIn Schäuble's 'timeout' Grexit plan: "More than irritating". #Bundestag #Greece Continue reading...
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