Prevailing condition in the Germany clearly shows that it is trying to dominate Europe. Being an influential nation, not only experts but even country members are also of the same thought that they would witness Germany to imperializing other countries.

But, this dominance is not seen in their political work and for that reason Angela Merkel, who is country’s chancellor, has told that if Germany does not pay its debt, and also adoptees a new currency then it could face the bankruptcy, which in their term is known as “domino effect”.

This warning particularly stands true at this point of time and whether Merkel’s advice stands true or not would depend upon the outcome of meeting that is going to take place tomorrow. The meeting that would take place between Athens government and EU, ECB and IMF would discuss about the Greek bailout program and if they remain unable to reach on positive consensus their condition would deteriorate further.

Ireland would be the most affected by this news, as after Germany, it is Ireland’s turn so they want Germany to take some effective measures to control this financial instability. While, overall it is said that Germany would not be able to fulfill the debt promise.