Merkel

Exposed by Wikileaks: Merkel knew Greek debt was unsustainable in 2011

German Chancellor Angela Merkel had told her personal assistant that Greece’s debts would still be unsustainable under the terms of the 2011 bailout agreement unless it received more generous assistance from wealthier state. Wikileaks reports that the National Security Agency had intercepted her communications:

Merkel: Door still open for Greek deal — but no talks before referendum!

German Chancellor Angela Merkel on Tuesday reiterated that there was still an open channel of communication between creditors and capital control-shocked Greece

She spoke in Berlin during a during a joint press conference with the visiting PM of Kosovo, Isa Mustafa.

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