–Adds Denial By Govt Spokesman That Merkel Meant To Signal Haircut
BERLIN (MNI) – German Chancellor Angela Merkel in a newspaper
interview published Sunday did not rule out a haircut on Greek debt held
by the public sector after 2015.
However, a government spokesman on Monday denied that Merkel had
meant to signal the possibility of such a debt haircut after 2015.
Merkel was asked by the German weekly Bild am Sonntag if a debt
haircut could come after German elections next autumn. “If Greece one
day gets along with its revenue without making new debt, then we have to
look at the situation and assess it,” Merkel replied.
“If everything goes as planned, this won’t be the case before
2014/15,” the chancellor said.
–Berlin bureau: +49-30-22 62 05 80; email: twidder@mni-news.com
[TOPICS: M$Y$$$,M$G$$$,M$X$$$,M$$CR$,MGX$$$]
