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09

Germany Pressured to Soften Line on Greek Debt as Deadline Looms

By Tony Seruga

Polish Prime Minister Donald Tusk

Polish Prime Minister Donald Tusk

Jock Fistick/Bloomberg

Germany came under growing pressure to back away from its resistance to debt relief for Greece, a major obstacle to a deal on keeping the country in single currency.

With Greece given until midnight Thursday to present an economic plan that includes spending cuts in exchange for a new bailout, European Union President Donald Tusk joined the U.S. and the International Monetary Fund in calling on the country’s European creditors to cede some ground…

Germany Pressured to Soften Line on Greek Debt as Deadline Looms

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