German finance minister pushes for Greek default

The German finance minister, Wolfgang Schäuble, is pushing to let Athens default, creating a split in the German government, according to reports.

In direct opposition to Chancellor Angela Merkel, Schäuble is said to be concerned about putting more money from German taxpayers' into a second bail-out, and is no longer convinced the Greeks can deliver the austerity needed, according to the FT. A chancellery official stresses that Merkel and Schäuble were united in their goal of getting Greece to sign up to eurozone demands before approving the package. However, they said the finance minister was, "showing more impatience" than the Chancellor. Schäuble has angered Greece in recent days, publicly calling for their April elections to...