Business News

Merkel: Greek creditors could be forced to accept higher loss

Oct 21, 2011, 7:49 GMT

Berlin - Greek debtholders could be forced to accept a higher loss on their bonds, German Chancellor Angela Merkel indicated on Friday.

It was coming close to the point where a loss of 21 per cent was no longer enough, Merkel told members of her Christian Democratic Union, according to those attending.

Read more about Germany



COMMENT

blog comments powered by Disqus

Latest Headlines in Business

Older Talkback

Follow Us

Follow M&C on Pinterest

Search

Custom Search

Also Check Out

Lindsay Lohan's dad has stroke?

Lindsay Lohans dad has stroke?
Michael Lohan was rushed to hospital after experiencing pain at the gym. ... more

will.i.am sabotaged Jessie J on 'The Voice'

will.i.am sabotaged Jessie J on The Voice
Black Eyed Peas singer allegedly turned her microphone off. ... more

Rihanna: Cheryl Cole should replace Jennifer Lopez on 'American Idol'

Rihanna: Cheryl Cole should replace Jennifer Lopez on American Idol
'Where Have You Been' singer thinks former 'X Factor' judge would be great on rival show. ... more

X Factor were desperate for Britney Spears

X Factor were desperate for Britney Spears
'X Factor' bosses were reportedly so desperate to sign Britney Spears that they have given her permission to do whatever she wants. ... more

Julianne Hough voted best summer body

Julianne Hough voted best summer body
Julianne Hough has beaten stars including Gwen Stefani and Kate Hudson to take the top spot in Women's Health's magazine's third annual list of the hottest celebrity beach bodies. ... more

John Travolta's Bahamas hideaway

John Travoltas Bahamas hideaway
John Travolta is reportedly hiding out in the Bahamas following a string of allegations that he molested male masseurs. ... more

Lady Gaga takes in 'ladyboys' performance

Lady Gaga takes in ladyboys performance
Lady Gaga went to see Thailand's famous 'ladyboys' perform in Bangkok today (25.05.12). ... more

Beyonce Knowles nervous about comeback performance

Beyonce Knowles nervous about comeback performance
Beyonce Knowles is nervous about returning to the stage tonight (25.05.12) for the first time since having a baby. ... more

Reese Witherspoon's pregnancy is going 'great'

Reese Witherspoons pregnancy is going great
Pregnant Reese Witherspoon says she feels 'great' despite undertaking the long flight to the Cannes Film Festival in France from her home in California. ... more

Robert Pattinson refused to bare all for movie

Robert Pattinson refused to bare all for movie
Robert Pattinson refused to bare all for his new movie, telling director David Cronenberg it 'wouldn't happen'. ... more