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Germany Resists Pressure From IMF

Writer's picture: OurStudioOurStudio

German Chancellor Angela Merkel has rebuffed a call by the International Monetary Fund to give cash-strapped Greece more time to clean up its state finances.

"We have agreed on a procedure that makes sense and to which we will adhere to," Merkel spokesman Steffen Seibert told a regular press briefing in Berlin on Friday.

"We are working on the implementation of the present on-going programme and within the time frame, that this programme provides for." Seibert said.

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