BERLIN (MNI) – German Chancellor Angela Merkel is willing to allow
Greece extra time to meet its deficit goals of at most a couple of
weeks, German daily Rheinische Post reported Friday citing government
sources.
The Greek government, however, announced on Thursday that it is
seeking a postponement of the deficit goals of at least two years.
According to Rheinische Post, the preliminary report on Greece by
the so-called troika of the EU Commission, ECB and IMF shows that the
country has missed so far 210 out of 300 concrete demands for fiscal
consolidation.
–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com
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