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Greece must stick to reform agreements – Merkel

German Chancellor Angela Merkel wants Greece to stay in the euro zone but the indebted state must adhere to the terms of its international bailout, she was quoted as saying on Wednesday.

“It is still the case that the agreements with the troika and the reform targets must be adhered to. That’s the only way we can imagine the path for Greece back to stability and economic strength,” Merkel was quoted as saying.

In a pre-release for Thursday’s Passauer Neue Presse newspaper, Merkel said nothing had changed about her view that it would take time to solve the euro zone’s sovereign debt crisis and that Greece should remain in the currency bloc.

Reuters

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Posted under EUR at 5:43 am EDT, 06/19/2013
Posted under EUR, GBP at 5:31 am EDT, 06/19/2013
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