What’s Up With Greece?(Part-3)

“ The situation is quite strangled right now in this beleaguered southern European Country. Mr. Tsipras is meeting Chancellor Angela Merkel of Germany, President Francois Hollande of France, Eu’s President Donald Tusk in the European Summit.

Germany put forward a proposal called as ‘Back Envelope’ which suggested that Greece should leave the Eurozone for five years believing that Greece’s debt could be written off only outside eurozone. There are rumours of Russians wanting to provide aid to Greece. But I wonder if that is true as Russia is already facing a recession.