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Will the Greek Bailout Destroy the Euro Zone?
The Greek government's appeal for help is putting Chancellor Angela Merkel under pressure. With Germany required to provide billions over the coming years to pay for the Greek bailout, there are growing calls in the German government for Greece to withdraw from the euro zone. Wolfgang Schäuble looked pale. His face seemed drawn and his gray suit hung loosely over his thin shoulders. After spending eight weeks in the hospital for a wound from an earlier surgical procedure that had failed to heal properly, the German finance minister seemed tired and haggard. It was the beginning of last week, and Schäuble was ... (full story)