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Markel to prevent throwing money on Greek rescue path

BERLIN : Germany 's parliament will almost certainly endorse a Greek bailout on Monday despite growing pressure on
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The world's 20 leading economies, the G20, piled pressure on Germany at the weekend to drop its opposition to a bigger European bailout fund, telling Europe it must put up extra money if it wanted more help from other countries.

But Merkel, leader of Europe's paymaster, first faces a difficult vote in parliament, which may force her to rely on opposition votes to approve the 130-billion-euro ($175 billion) rescue programme for Greece, it’s second since 2010.

"Billions for Greece Stop!", Germany's top-selling newspaper Bild splashed across its front page.

"Don't go any further along this crazy path," the newspaper appealed, printing comments by leading economists as to why a default and temporary exit from the euro zone would be the better option for Greece.

Copyright Reuters, 2012