Printer Friendly

Germany sees quality rather than speed as basis of Greek debt deal.

Berlin, Shawwal 25, 1436, August 10, 2015, SPA -- German Chancellor Angela Merkel believes that Greece's

creditors should reach a comprehensive reforms-for-aid deal with

Athens rather than reaching a hasty agreement, dpa reported.

Her spokesman Steffen Seibert says "comprehensiveness rather [than]

speed" should form the basis of the negotiations because of the

number of reforms that have to be considered and the length of the

proposed rescue plan, which is expected to run for three years.

Eurozone finance ministers are "likely" to meet on Friday to discuss

a possible debt deal, a source said. The meeting is not yet

confirmed, but would "probably" take place in Brussels, he added.

--SPA

13:58 LOCAL TIME 10:58 GMT

All Rights Reversed for Saudi Press Agency Provided by SyndiGate Media Inc. ( Syndigate.info ).

COPYRIGHT 2015 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Saudi Press Agency (SPA)
Date:Aug 10, 2015
Words:130
Previous Article:Global markets rise, led by Chinese surge on stimulus hope.
Next Article:Greece aims to finish bailout talks, get approval this week.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters