Displaying items by tag: Germany

What is the real concern of the Staff of the German Chancellor?

The debate over the Greek debt haircut continues in German media but what seems to be of a greater concern for Merkel’s team is the political strength of the Greek government before and after the German elections.

For the second time in a week the German Chancellor said she does not see a new haircut for Greece, according to Deutsche Welle. In today's interview with the Ruhr Nachrichten newspaper, Merkel says "no, I do not see such a new haircut for Greece. We take one step at a time and we do not hide the fact that a lot of things should change in Greece, but on the other hand, we see clear progress and recognize it. In some areas things in Greece are going much better than a year ago."