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Monday, July 20, 2015

German Chancellor Merkel Rules Out Debt Haircut for Greece

German Chancellor Angela Merkel once again rejected the possibility of a classic haircut for the Greek debt. In an interview with the German broadcaster ARD, Merkel dismissed one of the Greek government’s main priorities. “A classic haircut, or adoption of 30%-40% of the debt, is something the union cannot give,” she said and added that it


READ THE ORIGINAL POST AT greece.greekreporter.com