Friday, February 20, 2015

Germany Leaves Door Open for Alternative Arrangements

Germany is leaving the door open to an agreement on Greece’s bailout funding as officials prepare their negotiating positions going into a meeting of finance ministers in Brussels Friday.

German leaders regard a proposal submitted by Greece to fellow euro-region governments as a basis for negotiations and don’t necessarily see a need for Greece to submit a fresh draft, according to a government official who asked not to be named because the discussions are private.

Chancellor Angela Merkel spoke with Greek Prime Minister Alexis Tsipras on Thursday afternoon, her chief spokesman Steffen Seibert said. The call lasted about 50 minutes, according to a Greek official. In a Twitter posting, Tsipras said there was a “positive tone” and the call had resulted in an “interest in finding a mutually beneficial solution for #Greece & #Eurozone.”

Bloomberg

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