Schaeuble to Visit Athens After Merkel Backs Samaras
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German Finance Minister Wolfgang Schaeuble said he’ll pay his first official visit to Athens to discuss ways to help Greek businesses, as the German government rallied to the side of Greece.
Schaeuble, in a statement released in Berlin one day after Chancellor Angela Merkel spoke by phone with Greek Prime Minister Antonis Samaras, said that he’d accepted an invitation to the Greek capital from his “friend and colleague” Yannis Stournaras, Greece’s finance minister. His visit will come in weeks rather than months, and will include talks on measures such as the creation of a state-owned development bank that would disburse German loans, the Finance Ministry said.