Merkel Wants To Give Greece Extra Time Of A Few Weeks: Press

BERLIN (MNI) – German Chancellor Angela Merkel is willing to allow
Greece extra time to meet its deficit goals of at most a couple of
weeks, German daily Rheinische Post reported Friday citing government
sources.

The Greek government, however, announced on Thursday that it is
seeking a postponement of the deficit goals of at least two years.

According to Rheinische Post, the preliminary report on Greece by
the so-called troika of the EU Commission, ECB and IMF shows that the
country has missed so far 210 out of 300 concrete demands for fiscal
consolidation.

–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com

[TOPICS: M$X$$$,MGX$$$,M$$CR$,M$G$$$,M$Y$$$,MFX$$$,MT$$$$]