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FACTDROP: German minister Philipp Roesler rejects more time for Greece
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8/26/2012

German minister Philipp Roesler rejects more time for Greece

Germany's Economy Minister Philipp Roesler has rejected calls for Greece to get more time to implement economic reforms.

Πηγή: The Economic Times
August 26 2012

BERLIN: Germany's Economy Minister Philipp Roesler has rejected calls for Greece to get more time to implement economic reforms.

Roesler, the vice chancellor, says Greece needs to stick to the time plan outlined in the bailout deal reached with its creditors.

Greece' Prime Minister had told German ChancellorAngela Merkel at a meeting in Berlin on Friday that his country needs ``time to breathe'' before it can make all the budget cuts and reforms demanded of it.

But Roesler insisted in a TV interview Sunday that ``time is always money.''

The head of Germany's pro-business Free Democratic Party said ``what the Greeks have asked for, half a year or two years, that's not doable.''



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