17.02.2012 - 08:34 [ Bloomberg ]

Germany Seeks to Avoid Two-Step Vote on Greek Aid

Germany wants euro-area finance chiefs to avoid splitting consideration of a 130 billion-euro ($171 billion) Greek rescue and a bond swap to cut the nation’s debt load at a meeting next week, coalition lawmakers were told.

As long as Greece meets conditions for the aid, the finance ministers meeting in Brussels will probably approve the package along with the debt exchange, three German officials involved in a telephone briefing by German government officials said.