Greece debt crisis: Merkel says talks \\\'extremely difficult\\\'
Sunday, 12 July 2015
Germany's Chancellor Angela Merkel has called the talks on Greece's debt rescue "extremely difficult" and ruled out "agreement at any price". She was speaking as she arrived in Brussels for a meeting of the other 18 eurozone leaders to discuss the deal.
They are considering proposals by eurozone finance ministers which would impose tough conditions on Athens. Greece risks being ejected from the eurozone if a deal to rescue it from financial collapse is not reached. Finnish Finance Minister Alex Stubb said one condition in the ministers' proposal requires Greece to implement new laws by Wednesday. Greece will also be required to introduce tough conditions on labour reform, VAT and taxes, and tough measures on privatisation and privatisation funds, Mr Stubb told reporters. The head of the Eurogroup of finance ministers, Jeroen Dijsselbloem, said a "couple of big issues" remain which would be left to the heads of government to rule on, though he did not give details, according to a news agency.