Latest crisis could spark the end of the Eurozone.
Despite years of austerity and economic reforms, Greece cannot dig itself out of its financial hole all the time it is tied into the disastrous Euro currency.
The IMF called on EU leaders to provide “significant debt relief” to Greece, something its ruling Syriza party has been calling for since 2015. Germany blocked any discussions of writing off Greek debts until 2018, leaving the country lingering in a state of flux for three years.
With Angela Merkel losing ground to other parties, she is unlikely to budge on the issue, as most Germans are against their tax money going towards another Greek bailout.
Full article: Greece on ‘Explosive’ Path Inside Euro and EU (WestMonster)