Details of Greek rescue are seen as defeat for Germany's Merkel

04/13/2010 | Spiegel Online (Germany)

Terms of the eurozone's rescue plan for Greece are seen in Germany as a "serious defeat" for Chancellor Angela Merkel. The president of the Federation of German Taxpayers said the government "buckled" and that Germany would be forced to make the biggest European contribution in the bailout. Merkel even faced criticism from within her coalition government.

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Spiegel Online (Germany)

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