German Chancellor Angela Merkel rejects any debt cut for Greece

Market news

9 July 2015

German Chancellor Angela Merkel rejects any debt cut for Greece

German Chancellor Angela Merkel rejected any debt cut for Greece on Thursday.

"A classic haircut is out of the question for me. That hasn't changed between the day before yesterday and today," she said.

European Central Bank Governing Council Member Jens Weidmann: the ECB should not expand emergency funding (ELA) if there is no baoilout programme

European Central Bank President Mario Draghi expressed concerns the Greek debt crisis can be resolved

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