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Saturday, July 13, 2013

Germany Rejects Greek Haircut Hopes

With evidence growing that Greece may never be able to pay the $325 billion it borrowed from international lenders to keep the economy afloat, German Chancellor Angela Merkel and her Finance Minister Wolfgang Schaeuble have rejected any notion that Greece will be able to write off debt to the lenders – of which Germany is the biggest contributor – the same way it did to private ...

READ THE ORIGINAL POST AT www.greekherald.com