×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
27
Feb 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Merkel no to debt write-off; migrant crisis next EU challenge

Threatens MPs who plan to vote against Greek plan in German parliament

Newsroom August 17 09:00

German Chancellor Angela Merkel warned that Greece would manage to ‘stand on its feet’ again only if the reforms were implemented, in an interview to German network ZDF, aired on Sunday night.

Merkel repeated Berlin’s position on the Greek debt, categorically ruling out a hair-cut, but added that there was a possibility of an extension of loan payments, coupled with interest rate cuts.

Merkel believes the agreement with Greece was finalized with German Finance Minister Wolfgang Schauble’s involvement. As she told the network, during the final night of negotiations at the Brussels summit she was in constant contact with Schauble, while she believes the radical leftist Greek government was forced to change its position thanks to the determined stance of other member-states, Schauble and the German government.

On the question of whether Germany’s tough position during talks hurt the country’s image, she replied that “we had backing of other countries, like Portugal and Ireland”.

According to Merkel, Athens realised that Greece can stand on it’s own two feet only after the implementation of reforms. She added, however, that the EU must wait and monitor whether the necessary intensive work will continue.

>Related articles

Airbnb: Last-minute rush for declarations, taxes and sales with a “license in hand”

This is what the Metropolitan Park in Hellinikon will look like (pics)

Christine Lagarde: Annual earnings as ECB President reach €600,000 in 2025

The German politician ascertained that the Euro-crisis has lasted for a long time, adding that Europe must come more united out of the crisis. On the matter of whether the IMF will take part in the new Greek rescue plan, she said that the Fund’s head, Christine Lagarde, had confirmed it would be on board the new plan if the necessary conditions were met. “I have no doubt that what Lagarde said corresponds to reality,” Merkel underlined.

Commenting on the upcoming vote in the Bundestag on the new Greek bailout plan, Merkel echoed the position of Volker Kauder, the parliamentary group president of the conservative CDU party, who threatened dissenting MPs that they would lose their positions on various committees if they voted against the Greek rescue plan.

Finally, Merkel warned that the refugee crisis would be the next great challenge for Europe, adding that it will test the continent’s ability to act in unison and solve problems.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Deree applies to become a university

February 27, 2026

Parliamentary inquiry into OPEKEPE: Findings submitted to the Speaker of Parliament

February 27, 2026

“The day my father murdered my mother — How I’m raising my younger brother”: Stefania tells her story

February 27, 2026

Rare diseases: From fragmented management to a coherent national policy

February 27, 2026

Pakistan’s military and weapons are stronger than Afghanistan’s: See the numbers comparing each country’s forces amid war escalation

February 27, 2026

What to do when encountered with a Mediterranean monk seal

February 27, 2026

Hillary Clinton: “I am 100% sure that Bill Clinton did not know about Jeffrey Epstein’s crimes”

February 27, 2026

US-Iran on a tightrope after the fruitless meeting in Geneva: Possibility of new bombings open, says Vance

February 27, 2026
All News

> Economy

Airbnb: Last-minute rush for declarations, taxes and sales with a “license in hand”

Time is running out for tax declarations and corrections – Restrictions in Thessaloniki and the freeze on license transfers get a short extension – Sales of licensed Airbnb properties increase ahead of new measures

February 27, 2026

This is what the Metropolitan Park in Hellinikon will look like (pics)

February 27, 2026

Christine Lagarde: Annual earnings as ECB President reach €600,000 in 2025

February 26, 2026

What changes for military pensions, farmers’ excise duty, and taxation under the new bill

February 26, 2026

Megalou: Piraeus Bank increases distributions – Forecast for strong first quarter in 2026

February 26, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα