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Greece clash sparks fears over German power (THE FINANCIAL TIMES)

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Greece clash sparks fears over German power (THE FINANCIAL TIMES)

Post by Admin on Fri Jul 17, 2015 4:31 pm

When Michel Sapin boarded the 10:25 high-speed train from Paris to Brussels last Saturday morning, the French finance minister thought a deal to prevent Greece from crashing out of the eurozone was at hand.

The troika of Greek bailout monitors had given their assent to a reform proposal submitted by Alexis Tsipras, the Greek prime minister. More importantly, German chancellor Angela Merkel had that morning reassured Mr Sapin’s boss President François Hollande that she would not allow “Grexit”...............

To read further go to this link: ft.com


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