Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

Merkel acknowledges Germans' frustration on Greece

Send a link to a friend

[December 01, 2012]  BERLIN (AP) -- Germany's chancellor says she understands the frustration felt by many Germans over the repeated bailout programs for Greece.

But Angela Merkel also insists that helping debt-ridden Greece is in her country's self-interest because it helps stabilize the 17-nation eurozone on which Germany's prosperity depends.

In an interview released Saturday, Merkel told Sunday tabloid Bild am Sonntag: "I obviously feel many citizens' skepticism, and partly understand it, because Greece has often disappointed its partners in the past."

The chancellor stressed in the interview that the new Greek government shows the necessary resolve "to change the country, to create modern structures."

Merkel's comments came a day after Germany's Parliament accepted granting Greece more lenient terms on its bailout program, clearing the hurdle for disbursing a euro44-billion ($57-billion) rescue loan payment.

[Associated Press]

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

< Recent articles

Back to top


News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor