Berlin (AP)-Greece will receive the assistance of the future of the loan time a batch of to avoid a disastrous default, says the finance minister, on Tuesday, as the stock market, the prime minister will rise to discuss new way and the German leaders solution to the crisis in the day after.
The report said, European leaders are considering the more bold action to ease Greece and other national debt burden, the support in the financial markets of the spirit, though in chancellor Angela merkel's government officials desalination this guess.
According to the current plan is for rescue loans Greek debt reduction measures implementation of pain.
The Greek international creditors holding these loans next set of payment until the review reform is in the next few days to complete. No money, Greece in mid-november facing bankruptcy, perhaps by in Europe and foreign financial department sent shock waves.
"I'm confident the sixth gear to extend,..." WeiNi jersey's finance minister, said the above los chanting protest tax authority staff outside of the department, blew a whistle, and created a false spoke the siren. "But, we must do this already agreed."
The minister said, the country has made great effort to achieve their financial goals, but "super hard" is necessary, fully meet its commitments.
Some experts, however, said that, at present, the tightening of process is untenable, Greece will need more debt relief. Analysts said, to private bondholders can be more serious losses, promote capital in European Banks, will take such loss, and increase the size of the fund to aid.
Greece was originally scheduled from the international monetary fund and the European central bank and the European commission debt inspectors September completed its review and approval of the finance of its euro110 $6 ($14.9 billion) rescue of the loan.
But inspectors, collectively referred to as "three carriages earlier this month, the review suspended in target conversation. Miss
WeiNi ze Ross said, this week's three carriages will return to Athens, and the future of the save the city, value of euro8 $(us $10.8 billion), will pay of time.
In Berlin, the Greek prime minister PaPanDeLiOu said: "we are a loan repayment" of the federation of German industry a conference-also insisted that Europe needs to prove that it can get its act together.
"PaPanDeLiOu said:" I can guarantee that Greece will live up to all the promise in advance, a night of convention and chancellor Angela merkel. He promised, the greeks will "fight for the way we return to growth and prosperity."
The government recently announced that new debt reduction measures, including cutting the pensions and tax increases, push through a year of tightening by the greeks of between indignation. MPS vote on Tuesday night, a new property tax.
Response to repeated strikes and trade union protests. Public transportation workers go next week, ErLiangTian (Wednesday) taxi drivers to join. Tax authorities are also were on strike.
PaPanDeLiOu said, given the common Greek sacrifice, to Greece "leveled criticism of lasting deeply depressed."
"You as entrepreneurs, you know, inspiration, innovation and incentive is an important part of the success," he told Germany's leading industry representatives. "If people feel that the only punishment and contempt, the crisis will not become a chance-it will be a failure of business."
He added that Europe needs to prove that it can get its act together. Germany, Europe's largest economy, has sometimes not willing to leaders of the rescue work.
"We have a grasp and debt crisis, we have the determination to solve this problem, we must prove that market," he said.
Angela merkel, at the same time in the industry on the BBS, said the support of commitment to Greece, but made no commitment to any specific new measures. She said "absolutely respect" push PaPanDeLiOu government through the structural reforms.
"All the important thing is-we will provide all the aid, from Germany hopes-Greece wins confidence, we got this terrible development, every month has bad news; impression, market, Greece is on the right track," she said.
Merkel said Germany, will do is, whether through private industry or government efforts.
However, she again refused to pool "European countries-for example through the idea of debt issued so-called joint European bonds. She said, Germany is" not with ", in order to further economic stimulus plan.
On Thursday, Germany's parliament vote to power and the euro area euro440 $($59.5 billion) rescue fund in the capacity to lend-has to help intervene, Ireland and Portugal facilities.
German officials in merkel's center-right coalition faced with endless aid ideas disgust, strive to further increase the expected soon to calm down.
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