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"A
so-called haircut is not legal, where you give up some debt ...
but under the term debt relief you can also talk about extending
maturities, having a period without making interest payments or
redemption payments and we can talk about that, we have always
said that," Spahn told Deutschlandfunk.
Spahn also played down any differences within the German
government on a draft agreement between Greece and its
creditors, saying the Berlin government was "pulling together"
in getting a deal with Greece that fulfilled certain conditions.
"The whole German government .. acknowledges that the Greek
government has shifted a good deal. There is a constructive
attitude, a willingness to (undertake) reforms, there is a
recognition that Greece must change if it wants to stay in the
euro zone."
He said some outstanding questions, such as on privatizations
and banking recapitalization had to be addressed this week and
that it was important for Germany that the International
Monetary Fund stayed involved in the process.
(Reporting by Madeline Chambers; Editing by Paul Carrel)
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