Merkel damps bail-out expectations

Article reports that Angela Merkel, the German Chancellor, has warned against causing further alarm in the international capital markets by raising 'false expectations' of a eurozone bail-out package for the debt-strapped Greek government.

In a recorded interview on German radio broadcast on the 21 March 2010 Mrs Merkel appeared to be at odds with views expressed on the 19 March 2010 by José Manuel Barroso, President of the European Commission. She insisted that no money has been asked for by Greece, and no decision had been taken.

ESO: Background information: Barroso backs EU package to bail out Greece http://www.europeansources.info/record/barroso-backs-eu-package-to-bail-out-greece/

Deutsche Welle, 21.3.10: EU commissoners and Germany at odds over urgency of helping Greece http://www.dw-world.de/dw/article/0,,5375823,00.html

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