Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Merkel: Greek rescue good for Germany

Share this article

Merkel: Greek rescue good for Germany
Photo: DPA
14:18 CET+01:00
Rescuing Greece from economic collapse is in Germany's best interests, Chancellor Angela Merkel told Sunday's edition of the Bild tabloid, after German lawmakers approved billions of euros in international aid for Athens.

Helping Greece is "in Germany's interests because measures are always taken with all of the euro zone in mind for the benefit of all members, including Germany," she told the newspaper.

"Obviously, I feel the scepticism of a lot of fellow citizens and I also understand this in part, because Greece has often disappointed its partners in the past years. A lot of things that were promised by the Greek government were not delivered," she said.

But "I am finally seeing a determination in the Greek government to reorganise the country from top to bottom and to give it a modern structure. Germany will help with advice and actions," she added.

Merkel on Friday secured the vote from German lawmakers to release €43.7 billion in aid to debt-wracked Greece agreed after tortuous talks between eurozone finance ministers.

In all, 473 deputies were in favour, with 100 against and 11 abstentions.

Merkel said the economy was "50 percent psychology" and said it was important not to rehash doomsday scenarios but to support Greece's gradual economic recovery.

"I will continue to do what is best for Germany and Europe, which is limiting the financial consequences and never taking unmanageable risks," she said, adding she would work with "all (her) strength to stabilise and

reinforce the euro."

AFP/jlb

Get notified about breaking news on The Local

Share this article

Become a Member or sign-in to leave a comment.
Advertisement

From our sponsors

Zagreb: Spend this summer in Croatia's vibrant capital city

Lush green parks throughout the city centre, imposing heritage buildings, real Central European cafe society and Mediterranean style hospitality. Welcome to Zagreb, Croatia's stunning capital!

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement