Saturday, July 14, 2012

Germany Rejects Greek Plea for More Time



http://www.spiegel.de/international/europe/germany-opposed-to-greek-plea-for-more-time-to-reach-austerity-targets-a-844307.html

Earlier this week, Greek leaders suggested they would ask for more time to hit austerity targets demanded by their creditors. Germany, though, is opposed, according to Friday media reports. IMF head Christine Lagarde also said it is "premature to discuss extension."

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