An Aid Package in the Billions Merkel's Bluff Called in Poker over Greece

The European Union has hammered out a rescue plan for Greece. If Greece goes belly up, Germany will have to fork over 8 billion euros to the relief effort. The government doesn't want to hear about having "buckled." But there's no doubt that Angela Merkel's days as "Madame Non" are behind her.
Greek Prime Minister George Papandreou talks with German Chancellor Angela Merkel at an EU summit in Brussels on March 25.

Greek Prime Minister George Papandreou talks with German Chancellor Angela Merkel at an EU summit in Brussels on March 25.

YVES HERMAN/ REUTERS
With reporting by Veit Medick
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