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Greece is about to salvage agreement with the German outbreak of new conflicts

SAN FRANCISCO, June 19 morning news, according to The Wall Street Journal reports, Greece appear soon with Germany on demanding a bailout plan for the outbreak of new conflicts. Greek elections on Sunday to win political parties prepared to ask Europe to give more time to cut public spending.

Understand the affairs officials said that the Greek conservative New Democratic Party and may be related to cabinet the hope of social movement, is preparing the proposal calls for the other euro area countries given an additional two years to achieve financial goals. These officials said, which means that in addition to the beginning of this year reached ? 173 billion rescue package, Greece Europe to give ? 16 billion financial support.

The program will allow Germany and other creditor countries of Northern Europe faces a dilemma. Europe is eager to help the new government of Greece in the harsh relief program to get their own people more support and respond to the country's growing economic recession. But German Chancellor Angela Merkel also strongly opposed to expanding the size of the Greek rescue, or will lead to split within the ruling coalition.

Merkel told reporters in 20 countries during the summit, Greek leaders must quickly complete the implementation of the commitments made in the rescue package. She said that Greece must be implemented to obtain relief the financial and other reform measures, the Memorandum of Understanding does not make any changes.

German Foreign Minister, recently hinted that Germany or willing to consult on the Greek timetable for the implementation of reform measures. However, there is still not clear that Germany is willing to give Greece long extra time.

German officials said that Greece is difficult to get the concessions it seeks. The euro zone officials said the Greek or the oldest in the euro-zone finance ministers' meeting held on Thursday to relax the request of the relief provisions of the EU summit held on June 28 to 29 will also discuss the issue.


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