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Tuesday, October 9, 2012

Merkel gets a hostile reception on Greek visit





ATHENS, Greece (AP) — German Chancellor Angela Merkel got a hostile reception from many ordinary Greeks Tuesday when she flew into Athens on her first visit to the country since its debt crisis erupted three years ago.

To get the loans, it has implemented a series of deep budget cuts and tax hikes, while increasing retirement ages and facilitating private sector layoffs.

Merkel's stop in Athens was welcomed by the Greek government as a much-needed boost for the country's future in Europe — but protesters viewed it as a harbinger of further austerity and hardship.

Merkel's visit followed a subtle shift in political rhetoric in Germany toward the Greeks, with the chancellor repeating her desire to keep Greece in the eurozone and urging political allies to refrain from public criticism of the Athens government.

The visit was also likely aimed at preventing the opposition Social Democrats from criticizing her for allegedly failing to display strong personal leadership in the euro crisis in the run-up to national elections expected in about a year.

A senior Greek government official said rescue creditors had given the country a list of around 90 structural reforms to be approved immediately so that the vital next loan installment could be paid sometime next month.


READ THE ORIGINAL POST AT www.sfgate.com