By David Charles Francis, Correspondent
Not so fast, Germany replied to Greece’s request today for a massive bailout.
German Chancellor Angela Merkel, who has long resisted monetary support for the indebted Mediterranean nation, said today that the European Commission, the European Central Bank, and the International Monetary Fund still needed to determine if a bailout for Greece is necessary.
And even then, she told reporters here today, Greece would need to fulfill “very stringent conditions” and establish a “credible savings program” to be eligible for the aid.
