Bild headline shows the fight on Greece could be in Germany not Brussels
Bloomberg carrying the headline from Germany's Bild saying that Merkel is in favour of new talks with Greece while Schaeuble is against them
It's not new news that Merkel and Schaeuble seem to be at odds over Greece and as today's Eurogroup meeting edges closer, it looks like Wolfy boy holds some of the biggest cards
Even if the Eurogroup provisionally rubber stamp the new deal it still has to go back to member states to vote on in their respective parliaments. Merkel would face anxious times from the Bundestag over seeing the proposals pass. Last month Bloomberg noted sources saying that she may be forced to tie the Greek deal with a vote of confidence and that if it came down to the nitty gritty, most would side with Schaeuble's view on Greece
We also need to remember that it is not just Germany that could scupper the deal as there are more than a few countries who are against giving Greece a deal, if it leads to more debt haircuts and restructuring. Whether any of those smaller countries have the nuts to be the ones that send Greece out of the euro is another matter though
Update: Finally some further details from the Bild article which says that Merkel has backed new talks out of consideration for other EU partners, especially France, and Schaeuble regards the latest Greek proposals as inadequate. Two weeks ago, he also supposedly said that he would have broken off talks a long time ago
