18.02.2012 - 09:13 [ Kathimerini ]

Prime minister makes final push for bailout: Papademos speaks to Merkel, Monti and Rutte ahead of Eurogroup meeting on Monday

Friday’s teleconference was also an opportunity for Merkel to clarify Germany’s position on whether Greece should remain in the eurozone. Comments from Finance Minister Wolfgang Schauble and other German officials this week prompted concern that Berlin was considering allowing Greece to default. Sources said that Merkel insisted this was not the case and that she wants Greek debt restructuring and the new bailout to proceed.