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Top German Politicians Want Portugal To Dump Its Gold In Exchange For A Bailout

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German politicians don't want to give Portugal its bailout cash until it sells its own assets, according to the International Business Times.

Norbert Barthle, who is a member of Angela Merkel's party and budget speaker, as well as his Social Democrat rival, Carsten Schneider, have both called for Portugal to think about selling its gold

Frank Schäffler, a member of the FDP party in coalition government, is more adamant, saying that Portugal should have to "sell their silverware" including gold, before they receive a bailout.

While the bailout package has been agreed to, economic ministers from the eurozone still need to approve the package in a vote on May 16.

As domestic pressure rises, German Chancellor Angela Merkel may force changes in the bailout package, or a higher interest rate on Portugal's loans in order to appease her domestic constituencies.

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Gregory White is editor of Money Game and Europe for Business Insider. White has previously reported from Doha, Cairo, and London and has had work published by The Huffington Post and MSNBC.com. He holds a Master's degree in journalism from Columbia University. White graduated from the London School of Economics with a BSc in international relations and history after transferring from Boston College.