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The German government approved a $22 billion aid package in an effort to aid with Greece's financial problems.

Several other European countries are also pitching in on the view that Greece's financial struggles are tied to the survival of the European Union.

The Guardian points out, though the bailout was passed, things were anything but civil.

"During a fiery debate, shouts from the opposition benches decried the 'fattest cheque in history' and even accused the government of being the 'Taliban in pinstripes' for approving the deal."

The New York Times quotes Germany's finance minister on the importance of keep Greece afloat.

“It would be devastating to even risk a chance of Greece, a member of the euro zone, going bankrupt...We have to reject any idea of Greece attempting to pay off its own debts if we want any chance of preserving the stability of the common currency.”

On MSNBC's "Morning Joe," one analyst says Greece won't be able to pay back the loan.

"Take a look at Greece, I mean are these people in Greece gonna work, gonna get less benefits, longer working life and lower pensions for years and years and years on end, so that a bunch of bond holders can be paid interest on the debt. I think ultimately, they just can't make it. I think they're gonna default or they're gonna have to restructure that debt Joe."

Greece's recent crisis is spurring a new debate over effective regulation within the EU.  A former president for the EU commission tells Deutsche Welle that's partly what was at play with Greece.

"EU governments didn't see the financial crisis coming because they did little to regulate the financial sector and other important parts of the economy, they didn't do their jobs. To those who seek to put the blame one Greece alone, I say it's everybody's mistake, no one was monitoring the system."

So what do you think? Will a Greek bailout work?

Writer: Maurice Scarborough

Producer: Newsy Staff