Merkel urges 'substantial' bank aid for Greek debt: report

18th June 2011, Comments 0 comments

German Chancellor Angela Merkel Saturday urged 'substantial' aid from private creditors in resolving Greece's debt crisis, the German DPA news agency reported.

In the ongoing EU negotiations on a second bailout package for indebted Greece there must be agreement on "substantial" input from private banks, she told a meeting of her Christian Democrat Union party in Berlin.

However such talks should not be held in public, she added.

© 2011 AFP

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