Venezuela swears in Delcy Rodriguez as interim president after Maduro pleads not guilty in US court    Southern Transitional Council chief heads to Riyadh for talks: Report    Syria denies rumors of security incident targeting president Al-Sharaa    Shoura speaker underscores strengthening Saudi relations during meeting with newly appointed ambassadors    Deputy foreign minister meets senior advisor to U.S. president and spokesman of Palestinian presidency    Johara Almutairi named among FAO's top 200 young leaders worldwide    Saudi Arabia forecast to see wetter January and warmer first quarter in 2026    Saudi Arabia attracts 20 of world's top 30 banks, investment minister says    Finance Ministry mandates Etimad platform for sale of government movable assets    EU calls for respect of international law as Trump remains unclear on Venezuela transition    What is Gasoline 98 and who actually needs it?    Al Hilal move top of Saudi Pro League with 2-0 win over Damac    OPEC+ agrees to maintain oil output steady    Ivan Toney ends Al Nassr's unbeaten run as Al Ahli win thriller 3-2    Saudi women post highest-ever medal haul at regional tournament in 2025    Al Hilal close gap on leaders Al Nassr with 3-1 win over Al Kholood    Skip the fads: What health experts say actually works as 2026 begins    Pioneering treatment reverses incurable blood cancer in some patients    Maestro unveils 3 new flavors in collaboration with Netflix    HONOR and Rotana Music Group announce Strategic Partnership, capturing unrepeatable moments at "Mohamed Abdo Sha'biyat Night"    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Senior German legislator suggests more leeway in Greek bailout
Published in Saudi Press Agency on 21 - 08 - 2012

A German legislator with close links to the foreig minister has suggested Greece could be allowed slightly later deadlines to implement reforms and austerity measure demanded by international creditors.
Christian Lindner, who heads the Free Democratic Party (FDP) in
the state of North Rhine Westphalia and is thought to have the ear of
German Foreign Minister Guido Westerwelle, told dpa that Greece's
bailout programme "shouldn't collapse because of just a few days
difference."
"There is too much at stake for that," said Linder.
Greek Prime Minister Antonis Samaras is expected to seek an easing
of the bailout terms when he meets Friday with German Chancellor
Angela Merkel and on Saturday with French President Francois
Hollande.
Germany gave mixed signals this week about how much latitude it
would allow Athens over its lagging efforts to slash spending.
Westerwelle has rejected "substantial easing" of the bailout terms
imposed on Greece, but also repeatedly pointed out that Greece has
suffered "objective" delays due to holding two recent elections.
This has been interpreted as meaning that some deadlines could be
shifted back while leaving the savings targets in place.
Lindner said Greece should be assessed according to the reform
objectives it had met.
"We have a major interest in preserving the monetary union, with
Greece included," he said.
-- SPA


Clic here to read the story from its source.