Monday, November 26, 2012

Reuters: Regulatory News: German Deputy Finmin sees "very good chance" for Greek deal Monday

Reuters: Regulatory News
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German Deputy Finmin sees "very good chance" for Greek deal Monday
Nov 26th 2012, 14:04

BERLIN | Mon Nov 26, 2012 9:04am EST

BERLIN Nov 26 (Reuters) - Germany's deputy finance minister said he expected Greece's international creditors to strike a deal later on Monday on unfreezing loans for the heavily indebted country.

Euro zone finance ministers and the International Monetary Fund are holding a third round of talks in as many weeks to disburse the next tranche of aid to Greece required to avert national bankruptcy.

"I see a very good chance for a deal tonight," Deputy Finance Minister Steffen Kampeter told a conference.

He reiterated Germany's opposition to writing off some of the Greek debt held by euro zone governments - a proposal backed by the IMF - adding that Berlin was not isolated in its stance.

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