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Back Greek talks or face chaos, Merkel tells German lawmakers
Chancellor Angela Merkel called on German lawmakers on Friday to back negotiations for a third Greek bailout, saying the alternative was chaos and that suggestions Athens might leave the euro temporarily wouldn't work. Merkel was addressing parliament, which is expected to give its clear backing for the euro zone to start talks on the new aid program, even though Finance Minister Wolfgang Schaeuble has questioned whether it will succeed. Schaeuble himself has suggested Greece might be better off taking a "time-out" from the euro zone to sort out its daunting economic problems. But Merkel argued strongly for ... (full story)
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