Terms and conditions to which two-time bailout recipient Greece must adhere may be relaxed should the leader of Germany have her way, according to Bloomberg.
But loyalists to the coalition of Chancellor Angela Merkel might not be OK with that adjustment for the debt-hobbled Aegean nation, two political leaders told the news source. The country is the emblem of the savages of the sovereign debt crisis, having received two bailout tranches in an 18-month span beginning in June 2010.
"The sensitivities among many more than just the 27 coalition members who voted 'no' last time are well known [to the German chancellor] so the official line is to stay tough" regarding the nation, member Klaus-Peter Willsch of Merkel's Christian Democratic Union party told the news source. "But at the same time, some are being sent forward to test the waters on how this tough line can be abandoned."
The sovereign debt crisis first victimized Greece when it reared nearly three years ago. Since then, Ireland, Portugal and Spain have needed bailout aid.
Merkel also showed apprehensive support for Spain and Italy, according to The New York Times.
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