The Greece bailout plan has been cleared by IMF and European Union authorities but the largest financial contributor to the scheme i.e, Germany is yet to take a call on the issue. The Germany government has been facing lot of domestic resistance to any Greece bailout contribution and the Greece government does not want to take any chance with the public opinion.
So Germany is now saying that it would read through the entire agreement between Greece and IMF / EU, understand the issues thoroughly and then take a call on whether to contribute or not.
Germany may take time to clear Greece bailout plan
May - 2 - 2010 - Sunday
