(MENAFN- Saudi Press Agency) Chancellor Angela Merkel on Thursday told the German parliament that an agreement between Greece and its creditors was still possible, striking a conciliatory tone ahead of a make-or-break
meeting in Luxembourg, dpa reported.
'I am still convinced - where there is a will, there is a way,'
Merkel told the Bundestag. 'If the people in charge in Greece muster the will, then an agreement
with the three institutions is still possible,' she said.
'Greece must tackle and implement reforms' if fresh funds from its
bailout are to be released ahead of a June 30 deadline for a
1.6-billion-euro (1.8-billion-dollar) debt repayment to the IMF. A
default on this payment could drive Greece towards an exit from the
eurozone.
Merkel was speaking ahead of a critical meeting of the eurogroup of
finance ministers in Luxembourg, which has been called to take stock
of the long and fraught negotiations with Greece.
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