Merkel Determined to Keep Greece in the Euro
She has an election to worry about
Angela Merkel wants to stop Athens leaving the euro at any cost – even it means manipulating the figures in the upcoming troika report – as a Greek exit would jeopardize her chances of reelection, according to the German newspaper Der Spiegel.
Recently, whenever Angela Merkel has been asked what she plans to do about Greece, she replies with the words,"We are waiting for the troika report." The troika report, a fact-finding mission to Greece consisting of the European Commission, the International Monetary Fund (IMF) and the European Central Bank (ECB), was supposed to submit its findings at the end of August, but Greece's fate is now not expected to be decided until November; after the US Presidential elections.