Tags: Merkel | Greek | Default

Merkel: Greek Default Would Have Incalculable Consequences

Tuesday, 04 Oct 2011 02:38 PM

German Chancellor Angela Merkel rejected the option of a Greek default, saying that it would have incalculable consequences.

Merkel said that she can’t listen to economists who urge a Greek default now.

Speaking today to members of her Christian Democratic Union in Magdeburg, eastern Germany, Merkel said that she won’t risk embarking on an “adventure” to solve the debt crisis.


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German Chancellor Angela Merkel rejected the option of a Greek default, saying that it would have incalculable consequences.Merkel said that she can t listen to economists who urge a Greek default now. Speaking today to members of her Christian Democratic Union in...
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2011-38-04
Tuesday, 04 Oct 2011 02:38 PM
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