The Presidential Daily Brief

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  1. Angela Merkel

    Angela Merkel Stays Home to Fight for Greek Bailout

    Will they break ranks? The German chancellor hopes to face down a revolt within her own party this week ahead of a parliamentary vote on the $95 billion bailout for Athens. Colleagues from Merkel’s Christian Democratic Union want the IMF involved in order to keep tabs on Greek discipline. But the IMF won’t decide on the deal until October, so Merkel is on the offensive, postponing trips to Italy and Brazil, taking to the airwaves and doing anything she can to dissuade a rebellion before Wednesday’s vote.

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