Merkel: aid to Greece only if eurozone stability in danger

23rd April 2010, Comments 0 comments

European authorities must weigh up whether the stability of the euro area is threatened by the debt crisis in Greece before deciding on aid, German Chancellor Angela Merkel said Friday.

Once Greece has put forward a savings plan, "The European Commission, the European Central Bank and the International Monetary Fund would have to determine whether there is a situation whereby the stability of the euro as a whole makes it necessary to provide an aid programme for Greece," Merkel said.

© 2010 AFP

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