merkel urges germans to be patient with greece
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Merkel urges Germans to be patient with Greece

Egypt Today, egypt today

Egypt Today, egypt today Merkel urges Germans to be patient with Greece

Berlin - AFP
German Chancellor Angela Merkel called on her compatriots to be patient with Greece in its current struggle to overcome a severe debt crisis. "What hasn't been done in years cannot be done overnight," Merkel told the Sunday edition of Berlin's Tagesspiegel newspaper, pointing to Germany's bid to spruce up infrastructure in former communist East Germany after unification in 1990. "Remember the reunification process," said Merkel who grew up in East Germany. "How much time it took in the early 1990s to rebuild new administrative infrastructures, share know-how and privatise." "We must be patient," she said. Merkel also called on the Greek government of Prime Minister George Papandreou not to waver in his reform drive. "Greece knows that credit is only available if it meets its obligations," she said. German Finance Minister Wolfgang Schaeuble however doubts that Greece can avoid bankruptcy and is preparing for a scenario where the debt-stricken nation becomes insolvent, the Spiegel magazine reported on its website Saturday. Spiegel said that finance ministry officials are contemplating two scenarios should Greece become bankrupt: one where the country stays in the eurozone, and another where it re-introduces its former currency, the drachma. The finance ministry was not immediately available to comment on the report. Merkel, in her interview, appealed for greater European integration to resolve the grave debt crises plaguing Greece and other nation's on the continent. "Greater cooperation is needed. I consider it really is our duty to achieve that," she declared. "Germany has no real future without Europe," she added. Merkel spoke after Joaquin Almunia, a vice president of the executive European Commission, assailed Germany, the Netherlands and other European countries for not giving more support to the bailouts of Europe's problem economies. He also rejected the notion that Greece, unable to service its debts or fully implement sweeping reforms demanded by its bailout partners, could be expelled from the eurozone, as suggested by top Dutch officials "There are member states, in particularly some of the most powerful -- Germany, Netherlands, Finland, Austria -- who feel that they don't have this kind of problem," he said Thursday. The same day Germany's Finance Minister Wolfgang Schaeuble warned Greece must fulfil the conditions required if it wants more help to combat its debt crisis. Ratcheting up the pressure on Athens, Schaeuble said it was "very premature" to talk about a second bail
egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

merkel urges germans to be patient with greece merkel urges germans to be patient with greece



GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 10:04 2019 Monday ,19 August

Live a tense and noisy atmosphere

GMT 12:54 2012 Monday ,19 March

Emaar reshuffles board, appoints 7 New members

GMT 04:04 2017 Saturday ,08 April

US expat takes Bedouin weaving to New York

GMT 14:24 2016 Wednesday ,02 November

Joyalukkas names first 100 winners of gold promotion

GMT 08:33 2016 Wednesday ,17 August

US tracking scores of jihadists

GMT 08:29 2014 Wednesday ,08 January

Nuri al-Maliki urges residents to expel militants

GMT 08:07 2014 Thursday ,14 August

New ‘Lord of the Rings’ tour launches

GMT 12:45 2011 Monday ,15 August

The power of glowing gold

GMT 14:30 2016 Wednesday ,30 March

Palestinians' mass detention by Israelis continues
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday