Arab Today, arab today bundesbank warns against altering greek bailout
Last Updated : GMT 01:38:46
Arab Today, arab today
Arab Today, arab today

Bundesbank warns against altering Greek bailout

Arab Today, arab today

Arab Today, arab today Bundesbank warns against altering Greek bailout

Berlin - DW

The head of Germany\'s central bank has categorically ruled out a softening of Greek bailout terms against the backdrop of aspirations in Athens to strike a laxer deal. His warning comes ahead of decisive elections. German Bundesbank chief Jens Weidmann on Friday warned against changing Greece\'s bailout terms. He told the Spanish El Pais newspaper that whatever the outcome of elections in Greece this weekend, the conditions for the bailout must not be softened in any way, even if that eventually meant the country\'s exit from the eurozone. Weidmann noted that Greece had already received more support in the debt crisis than any other euro area member country in trouble. \"Greece got more help than the rest of the eurozone, and relaxing this already softened framework cannot be an option,\" the central bank boss argued. Weidmann elaborated that allowing Greece to reopen negotiations on the bailout terms could put enormous pressure on political leaders in other bailed-out nations such as Portugal to do the same and haggle over less rigid deals. Make-or-break elections \"I think that would be a very dangerous strategy and would harm those countries which are implementing reforms and austerity measures very quietly,\" he said. Failure to respect the current terms for more international assistance could entail very drastic consequences, the Bundesbank chief warned. He made it clear that refusal to abide by existing agreements had the potential to lead to Greece\'s exit from the eurozone. Weidmann told the Greek daily Kathimerini that no nation must be allowed to try and blackmail partner nations in the 17-member single currency bloc. Greece is electing a new parliament at the weekend. If the opponents of agreed cost-saving and austerity measures take the upper hand, the end of Greece\'s stay in the eurozone is widely believed to be just around the corner.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bundesbank warns against altering greek bailout Arab Today, arab today bundesbank warns against altering greek bailout

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday