Reuters
June 17, 2011
Germany and France will likely reach a compromise on Friday on involving private creditors in the funding of a second bailout for Greece, German Deputy Foreign Minister Werner Hoyer said.
German Chancellor Angela Merkel will meet with French President Nicolas Sarkozy on Friday morning to discuss the details of a new Greek aid package. They are due to hold a joint news conference at 1145 a.m. (5:45 a.m. EDT).
"I believe the meeting today will yield a solution," Hoyer told German public TV station ZDF. "I am sure that they will come to a compromise."
Asked what the compromise could consist of, Hoyer said he did not know but was confident that it would be reached.
Hoyer, a member of the Free Democrats (FDP) who are junior coalition partners to Merkel's conservatives, is not directly involved in the talks but has responsibility for coordinating French-German relations in the foreign ministry.
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June 17, 2011
Germany and France will likely reach a compromise on Friday on involving private creditors in the funding of a second bailout for Greece, German Deputy Foreign Minister Werner Hoyer said.
German Chancellor Angela Merkel will meet with French President Nicolas Sarkozy on Friday morning to discuss the details of a new Greek aid package. They are due to hold a joint news conference at 1145 a.m. (5:45 a.m. EDT).
"I believe the meeting today will yield a solution," Hoyer told German public TV station ZDF. "I am sure that they will come to a compromise."
Asked what the compromise could consist of, Hoyer said he did not know but was confident that it would be reached.
Hoyer, a member of the Free Democrats (FDP) who are junior coalition partners to Merkel's conservatives, is not directly involved in the talks but has responsibility for coordinating French-German relations in the foreign ministry.
More
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