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Wednesday, June 10, 2015

Merkel, Hollande to tell Greek PM to talk to creditors

Germany will only accept a cash-for-reform deal between Greece and its international creditors that has the approval of all three lending intuitions, a government spokesman said in response to reports that Berlin was considering easier terms. Asked about a Bloomberg report that said Chancellor Angela Merkel's government may be satisfied with Greece committing to at least on major economic reform sought by the creditors, the spokesman told Reuters: "Germany will only accept a proposal of the three institutions. All else is a pure invention." The spokesman said Merkel and French President Francois Hollande would meet Greek Prime Minister Alexis Tsipras for an update on Greece's debt negotiations later on Wednesday after a dinner at an EU-Latin America summit in Brussels.


READ THE ORIGINAL POST AT uk.news.yahoo.com