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Germany Must Veto Greek Aid If Haircut Risk: Merkel Ally


Ron Burgundy
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BERLIN (Reuters) - The German parliament cannot approve a new aid deal for Greece this week if lawmakers determine that it might pave the way for future losses on government loans to Athens, a senior parliamentarian from Chancellor Angela Merkel's party said. Michael Meister, a deputy leader of the Christian Democrats (CDU) in the Bundestag lower house, told Reuters he expected the government to explain all aspects of the Greek deal that may not be fully clear, including the promise to take additional steps to reduce Greece's debt mountain at a future date. ...

 

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