Bloomberg News

Merkel Says Doesn’t See Need for Greece Bridge Loan

January 23, 2012

Jan. 23 (Bloomberg) -- German Chancellor Angela Merkel said that she doesn’t see any need for a bridging loan for Greece.

Merkel, speaking to reporters in Berlin today, said it was “high time” to work on the Greek bond swap that she’s previously said is necessary to resolve before Greece can get another tranche of aid.

“The question of a Greek bridge loan isn’t on my agenda,” she said.

To contact the reporter on this story: Tony Czuczka in Berlin at aczuczka@bloomberg.net

To contact the editor responsible for this story: Alan Crawford at acrawford6@bloomberg.net


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