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Merkel Party Softens Opposition to Greek Aid Terms on Conditions

Opposition to a new debt relief program for Greece is easing within German Chancellor Angela Merkel’s Christian Democratic Union, as a top party member opened the door for a new program in 2014.

Michael Fuchs, a deputy CDU leader in parliament, said he sees the possibility of offering Greece new debt aid terms in 2014 or 2015 on the proviso its economy grows. If it pulls out of recession, that would demonstrate it has held to its promise to make the economy more competitive, he said.