TheChronicleHerald.ca | Merkel Softens on Write-Off as Greece Prepares Buyback Businessweek Chancellor Angela Merkel opened the possibility that Germany may ultimately accept a write-off of Greek debt, as policy makers this week attempt to engineer a buyback that's crucial for Greece to receive more funding. With Greece preparing to open bids ... German chancellor Merkel does not rule out forgiving some of Greece's debt ... Merkel urges Germans to believe Greece will use bailout to progress Merkel does not rule out future Greek debt "haircut" |