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Merkel says there should be no debt reduction for Greece

Published: 31 Jan 2015 - 11:01 am | Last Updated: 17 Jan 2022 - 09:23 am

 

Berlin--German Chancellor Angela Merkel said there should be no debt relief for Athens, a newspaper reported Saturday, adding to tensions between the radical new Greek government and its international creditors.

"There has already been voluntary debt forgiveness by private creditors, banks have already slashed billions from Greece's debt," Merkel told the Hamburger Abendblatt newspaper. "I do not envisage fresh debt cancellation."

AFP