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Reader: Angela Merkel rules out cancelling any more Greek debt
Posted By: RumorMail Date: Friday, 6-Feb-2015 17:41:53
www.rumormill.news/10140
In Response To: The Mexican Peso & Brazilian Real Are Collapsing (RumorMail)
The German chancellor, Angela Merkel, has ruled out cancelling more of Greece’s debt, saying the country has already received billions of cuts from bankers and creditors.
Merkel’s intervention comes after the Greek finance minister, Yanis Varoufakis, refused to work with the troika of lenders – the European commission, European Central Bank and International Monetary Fund – to renegotiate the terms of the debt-ridden country’s €240bn (£180bn) bailout programme.
“There has already been voluntary debt forgiveness by private creditors, banks have already slashed billions from Greece’s debt,” Merkel told the Hamburger Abendblatt newspaper. “I do not envisage fresh debt cancellation.”
Greece’s finance minister vows to shun officials from troika
Read more
Greece’s leftwing Syriza party won last weekend’s election with a pledge to have half the debt written off and has already begun to roll back the austerity measures the creditors had demanded of the previous government.
But Merkel told the Berliner Morgenpost newspaper on Saturday that Europe would continue showing solidarity with Greece and other eurozone members struggling with debts “if these countries undertake their own reform and saving efforts”.
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Articles In This Thread
- The Mexican Peso & Brazilian Real Are Collapsing
RumorMail -- Friday, 6-Feb-2015 17:32:08
- Reader: Angela Merkel rules out cancelling any more Greek debt
RumorMail -- Friday, 6-Feb-2015 17:41:53
- USA's been told! Germany directly rebuffed America over its threats to send weapons to Kiev. USA's 'real colors' shown!
Bob -- Saturday, 7-Feb-2015 19:27:52
- Australian sharemarket chalks up its longest winning streak of all time! LIFE's not fair, but It IS just, ie IT just IS
Bob -- Friday, 6-Feb-2015 21:51:43
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