Germany has said it is willing to compromise with Greece on the terms of repaying its bailout debt.
In the stand-off over the issue, German Chancellor Angela Merkel has said a compromise is possible, the BBC reports. But she added at a conference of other European leaders: "Europe's credibility depends on us sticking to rules". Greece is against extending its bailout deal, saying it is damaging their economy. On Wednesday, talks with other eurozone members hit a stalemate. However both sides said there was still hope for a deal. Eurogroup President Jeroen Dijsselbloem said the talks had been "constructive". The Greek Prime Minister Alexis Tsipras said as he arrived in Bruss...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes