AFP | Merkel does not rule out future Greek debt "haircut" Reuters Germany insists a writedown of Greek debt held by euro zone governments would be illegal, though Finance Minister Wolfgang Schaeuble has also recently signaled that some kind of debt 'haircut' for official lenders might be needed eventually. "If Greece ... Merkel doesn't rule out Greek 'haircut' from 2014 Chancellor Merkel says she understands German taxpayers' frustration over ... Merkel does not rule out Greek 'haircut' in future |