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Merkel says Greece must stick to agreements

By FXstreet.com,  June 16, 2012, 09:01:00 AM EDT

FXstreet.com (Barcelona) / ARMSTADT, Germany, June 16 (Reuters) - German Chancellor Angela Merkel ruled out renegotiating Greece's bailout on Saturday, saying a day before Greeks go to the polls that agreements with international lenders have to be stuck to.

"That's why it's so important that the Greek elections preferably lead to a result in which those that will form a future government say: 'yes, we will stick to the agreements'," Merkel said at a party conference of the Christian Democrats in the state of Hesse.

Chancellor Merkel's also spoke about other issues related to Eurozone crisis, Gerrry Davies at ForexLive.com said: "Tensions mount as Angela Merkel attacks French economy." "It was always gonna be a turbulent relationship," he added.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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