Wall Street Journal
February 6, 2012
The leaders of France and Germany turned up the heat on Greece on Monday, saying the indebted euro-zone country won't receive new bailout funds next month unless it implements austerity measures agreed upon with the European Union and the International Monetary Fund.
Speaking after a meeting in Paris, France's President Nicolas Sarkozy and Germany's Chancellor Angela Merkel also urged all Greek parties, currently working together in a caretaker government, to commit to the austerity package before general elections in the spring.
France and Germany are worried that the successor of Greece's Prime Minister Lucas Papademos may try to go back on some elements of the austerity program.
"We are saying to our Greek friends that they must decide now," Mr. Sarkozy told reporters at a joint press-conference with Ms. Merkel. "Funds will not be disbursed if these decisions are not taken."
More
No comments:
Post a Comment