Bloomberg News

Merkel Says Private Sector Must Bear ‘Considerably Higher’ Load

October 26, 2011

Oct. 26 (Bloomberg) -- German Chancellor Angela Merkel saud Greece’s debt sustainability can’t be restored without a “considerably higher private sector contribution” than was envisaged when euro region leaders gathered on July 21.

Merkel made her comments in a speech in the lower house of parliament in Berlin today.

To contact the editor responsible for this story: Rainer Buergin at rbuergin1@bloomberg.net


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