Angela Merkel casts doubt on saving Greece from financial meltdown | World news | The Guardian

Angela Merkel casts doubt on saving Greece from financial meltdown | World news | The Guardian: Angela Merkel has cast doubt for the first time on Europe's chances of saving Greece from financial meltdown and sovereign default, conceding that Europe's first ever multibillion euro bailout coupled with savage austerity was not working after a two-year crisis that has brought the single currency to the brink of unravelling.