The World from Berlin 'Euro-Zone Plans to Fix Greece Have Failed'

Greece says it has been granted an extra two years to meet austerity targets. The EU and IMF deny it. According to press reports, Athens needs an extra 20 billion euros in aid. It is difficult to determine exactly what might come next for the country, but commentators say it is clear that Europe is at a crossroads.
Greece might be getting two additional years to meet its austerity goals.

Greece might be getting two additional years to meet its austerity goals.

Foto: Nikolas Giakoumidis/ AP
-- Charles Hawley