BERLIN (MNI) – The president of the European Bank for
Reconstruction and Development (EBRD), Thomas Mirow, warned Friday
against making banks shoulder part of the aid for Greece because this
would weaken them again.

“Therefore a bailout that would include the banks could be more
costly for taxpayers than a straight bailout by states,” Mirow, a German
national, told reporters on the sidelines of a conference organized by
the Aspen institute here.

“This is what one has to be very careful [about],” he said.

A senior member of German Chancellor Angela Merkel’s CDU/CSU-FDP
government coalition said Thursday that there should be discussions with
Greece’s creditors about a voluntary haircut on their claims.

“We should talk with banks and other investors about voluntarily
forgoing their claims” against Greece, Leo Dautzenberg, the CDU/CSU’s
parliamentary financial policy speaker, urged.

Nobert Barthle, the CDU/CSU’s parliamentary budget speaker, said on
Wednesday there was significant resistance inside the CDU/CSU
parliamentary group against aid for Greece without participation of the
creditors.

–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com

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