Berlin calls for higher rate on loans to Greece

Article reports that Germany is at loggerheads with others in the eurozone over how much interest to charge debt-ridden Greece if Athens calls on the emergency loans package agreed in Brussels in March 2010.

Partly as a result of this, Greece’s borrowing costs rose to a record high on the 6 April 2010 amid concern in financial markets over the differences between eurozone countries on the details of any rescue.

ESO: Background information: Rescue fears trigger Greek bond sell-off http://www.europeansources.info/record/rescue-fears-trigger-greek-bond-sell-off/

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