Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Germany Signals Willingness to Loosen Greek Austerity Measures

German Chancellor Angela Merkel’s government signaled a willingness to loosen Greece’s austerity requirements as long as the next government stands by its obligations under a European Union-led bailout program.

German Foreign Minister Guido Westerwelle said negotiators might consider giving Greece more time to rein in its finances as exit polls in Athens showed pro-bailout New Democracy with a narrow lead and in a position to form a majority coalition.

“I can imagine we could do something in terms of the time frame, because the standstill that has taken place over the past few weeks has done damage,” Westerwelle told broadcaster ZDF in Berlin today. “But one thing must be clear: the treaties must be valid in substance. They can’t be canceled or renegotiated.”

The hint toward a softening of Germany’s position echoes similar comments from Rainer Bruederle, the parliamentary caucus leader of Merkel’s Free Democratic Party coalition partner. At the same time, Westerwelle said renegotiating Greece’s bailout program is out of the question, because European leaders would lose “credibility” with other countries under the bailout fund.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.