Vladimír Urbánek (Kurzy.cz)
Markets  |  August 21, 2012 15:14:10

CDU: Certain concessions to Greece are possible while maintaining the key criteria

According to agency reports member of the German parliament for the ruling CDU Norbert Barthle said today that they remain maintaining the main points may consider some partial concessions under the terms of aid to Greece. Like the first aid package negotiated. For example, it is possible to negotiate a reduction in interest or maturity extensions.
Barthleho comments suggest the possibility of reducing Germany's formerly strict resistance to any changes in the agreed terms of the second aid package to Greece.

Representatives of the "troika" will this week to deal with the Greek Prime Minister on the future solution of the whole situation. Signs of a possible easing of certain conditions or not enabling the option tot discussion on the topic are taken as signals of potential success of negotiations, which is likely to contribute to alleviate the debt crisis as such.
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