Article in The Guardian:

Fresh from a bruising victory in the Bundestag over Greece’s aid plan, the German chancellor told the Bild am Sonntag newspaper that a “haircut” could be considered for Greece in two years.
“If Greece one day again manages with its revenue without getting new debt, then we must look at and assess the situation,” she said. “That is not the case before 2014-15 if everything goes according to plan.”

She’s quite good at telling ‘em what’s going to happen. Like it or not.

Angela Merkel hints at future writedown of Greek debt