The German government agrees to contribute 22 Billion euros to help bailout Greece

Here in Germany, politicians are continuing to hammer out details of the bail-out package for Greece. Finance minister Wolfgang Schäuble is reportedly meeting the heads of German banks on Tuesday to find out if they are prepared to provide emergency credit to Athens. The opposition in particular is keen that financial institutions should also contribute to the rescue package. Chancellor Angela Merkel's cabinet has approved lending almost 22 and half Billion euros to Greece over the next three years.