Article updated: 12/1/2012 2:34 PM

Merkel acknowledges Germans’ frustration on Greece

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German Chancellor Angela Merkel casts her vote Friday at the German federal parliament, Bundestag, in Berlin, Germany. The German Parliament has given its overwhelming backing to a deal aimed at trimming Greece's debt load and keeping the country financially afloat.

Associated Press

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Overly indebted Greece, which is about to enter its sixth consecutive year of a deep recession that has pushed unemployment up to 25 percent, is being kept afloat with rescue loans from its European partners and the International Monetary Fund in return for implementing harsh budget cuts and structural reforms.