BERLIN (MNI) – The German Finance Ministry said Wednesday that all
Eurogroup member states agree that the private sector should participate
in future bailout measures for Greece.

“First of all, I think there exists a basic determination of all
concerned actors in the Eurogroup to help Greece,” ministry spokesman
Martin Kotthaus said at a regular government press conference here.

Moreover, there exists a “general consensus that a future
additional program for Greece should not rest solely on the back of
public budgets and the taxpayer,” the spokesman stressed. “What is being
discussed is how this can be achieved.”

Kotthaus acknowledged “two differences” in the discussion: “One
group is highlighting more the risks, while the others are emphasizing
more the chances and possibilities.”

Germany, in any case, is of the opinion that “it is indispensable
that the private sector be involved,” the spokesman stressed.

Chancellor Angela Merkel is scheduled to meet with the Italian
central bank governor Mario Draghi in Berlin on Thursday. Draghi is set
to become the next ECB president in autumn. The two will also discuss
Eurozone matters, government spokesman Steffen Seibert said. On Friday,
Merkel will meet French President Nicolas Sarkozy in Berlin.

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

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