Tuesday, February 22, 2011

Statements by PM, Merkel

Greek Prime Minister George Papandreou, speaking during a joint press conference here with German Chancellor Angela
Merkel on Tuesday afternoon, emphasised that "there is no question of a restructuring of the debt or of a 'haircut'."
   On her part, Merkel made it clear that the reform programme that Greece is following must continue to be implemented, while she clarified that more measures are not being requested.
   As regards the issue of an extension of the debt's repayment, Merkel said it is on the negotiating table as part of the total package concerning the settlement of the debt crisis in the Eurozone and is expected to be decided at an extraordinary European summit on March 25.






source: ANA-MPA