Germany Pushing for Grexit: Ruptly

teleSUR English 2015-07-12

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German Finance Minister Wolfgang Schauble has called for a 5-year exit from the Eurozone for Greece if the country doesn’t improve its proposals in talks at Brussels on Sunday. After Greek voters rejected austerity measures in a referendum last week, Greek lawmakers voted to back Prime Minister Alexis Tsipris’ new plan, which stipulates economic reforms in exchange for a new 3-year $60 billion loan package. The measures include the privatization of airports and seaports, cutting military spending and raising corporate taxes.

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