German chancellor says she will show solidarity with Greece but adds: ‘I do not envisage fresh debt cancellation’The German chancellor, Angela Merkel, has ruled out cancelling more of Greece’s debt, saying the country has already received billions of cuts from bankers and creditors.Merkel’s intervention comes after the Greek finance minister, Yanis Varoufakis, refused to work with the troika of lenders – the European commission, European Central Bank and International Monetary Fund – to renegotiate the terms of the debt-ridden country’s €240bn (£180bn) bailout programme. Related: Greece’s finance minister vows to shun officials from troika Continue reading...
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