More Money for the Euro Merkel's Government Divided over ESM Demands

Demands from abroad to increase the size of the euro bailout fund have put Chancellor Merkel in a difficult position, caught between international pressure and domestic demands. Even worse, the troika monitoring Greece's financial situation believes that a third bailout package may become necessary within a mere three years.
Merkel and Schäuble are at odds about expanding the European Stability Mechanism.

Merkel and Schäuble are at odds about expanding the European Stability Mechanism.

Foto: dapd
Translated from the German by Josh Ward