Germany warns i…

Germany warns it could veto Greek aid

 
GERMANY will block any new aid to ailing Greece if Athens does not fully comply with the terms of previous rescue packages, even if other countries support unlocking funds, a senior lawmaker has said.
The deputy head of Chancellor Angela Merkel’s conservative parliamentary bloc, Michael Fuchs, told business daily Handelsblatt that Berlin was ready to use its veto if it is unhappy with findings from the Greece creditors “troika”.
“You can quote me: even if the glass is half-full, that is not enough for a new aid package,” he said in an interview to appear in the paper’s Monday issue. “Germany cannot and will not agree to that.”
Germany, Europe’s biggest economy, is waiting with eurozone partners for the report on Greece from a so-called troika of inspectors from the European Union, International Monetary Fund and European Central Bank.

Read more: http://www.theaustralian.com.au/business/breaking-news/germany-warns-it-could-veto-greek-aid/story-e6frg90f-1226448780157

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