Friday, July 10, 2015

MOUNTING POLITICAL PRESSURE ON GERMANY'S CHANCELLOR, DUE TO FINANCE RESCUE PACKAGES ALLOCATION HAS CAUSED POLITICAL DIFFERENCES AMONG GERMANY'S MAJOR POLITICAL PARTIES MEMBERS OF THE COUNTRY'S GREATER COALITION GOVERNMENT.


     Mounting political pressure on Germany's Chancellor Angela Merkel with the demand to regulate the Chancellor's authority with regard to her increasing role of responsibility and perhaps generosity in Finance Rescue Packages allocation, particularly the Chancellor's authority to allocate Finance Rescue Package for Greece and for the third time in which Germany will contribute the lion's share, or the bigger portion of the Finance Rescue Package for Greece has caused wide range protest and differences among the political parties members of the the country's greater coalition government, specially among the members of the major Christian Democratic Unionists Political Parties that comprised of the Christian Democratic Union Political Party (CDU), the Christain Social  Union Political Party (CSU) and the Social Democrats (SPD). However, the Chancellor acceptance of Greece New Reform Plan with the acceptance of the European Union Finance Ministers and European finance Institutions such as the International Monetary Fund (IMF), or the European Central Bank will rekindle the hope for Greece projected brighter economic prospects that has been placed on the much higher stake for a huge tumble, despite continued effort in both Athens and few Eurozone countries to prevent the predicted huge financial tumble in Athens with Greece exit from the European Union Countries Membership at least for the specified time period of one decade.

                                                  Written by Professor Godfrey Ohia.

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