Chancellor Angela Merkel: Antonis Samaras

Antonis Samaras: Chancellor Angela Merkel met with Prime Minister Antonis Samaras in Athens today, encouraging Greeks to seize the opportunities of economic revival a day after Greeces first bond sale in four years was oversubscribed, according to Bloomberg. Germany is more ready to contemplate a little extra leeway, if the structural reforms are serious, Holger Schmieding , chief economist at Berenberg Bank in London , said in a phone interview. Germany is not in favor of moving the targets, but is ready to accept it if it sees serious reforms. So there is a gradual shift in Germany. Common Currency Leaves Crisis Behind Germany is signaling its focus on austerity may be easing as Greece begins its rehabilitation with international investors. The trip by the policy maker blamed from Ireland to Greece for deepening Europe s north-south economic gap with austerity comes after Merkel backed France s deficit plans and offered support to Italian Prime Minister Matteo Renzi. (news.financializer.com). As reported in the news.

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