Bloomberg News

German Greens Set Condition for Fiscal Pact, Die Welt Reports

June 12, 2012

Germany’s opposition Green Party won’t support a fiscal pact on euro-area budgetary discipline without a debt repayment fund, Die Welt reported, citing an interview with Lisa Paus, a member of parliament who has been involved in negotiations.

The fiscal pact stipulates only that everyone should save and doesn’t determine how debt will be cut, the newspaper cited Paus as saying.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net


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