Germany plans for Greek loans for 2011/12 -draft

BERLIN, April 28 (BestGrowthStock) – Germany is also planning to
make provisions for loans for Greece for 2011 and 2012, and not
only in 2010, according to a draft of a law the government is
preparing that was obtained by Reuters on Wednesday.

An earlier draft obtained on Tuesday made no mention of
possible loans for 2011 and 2012.

Chancellor Angela Merkel said on Monday Germany would be
ready to take a decision on granting aid to Greece in a matter
of days, once the IMF and European officials have completed
talks with Athens.

She added Greece would have to commit to further deficit
cutting measures before Germany could approve emergency aid.

Stock Market News
(Reporting by Dave Graham, writing by Erik Kirschbaum)

Germany plans for Greek loans for 2011/12 -draft