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Germany's Merkel vetoes minister's quick aid for Greece

Published on Feb 16, 2014 9:42 PM
 

BERLIN (AFP) - German Chancellor Angela Merkel has blocked a bid by her powerful finance minister to offer fresh aid to Greece ahead of European elections in May, Der Spiegel magazine reported Sunday.

Finance Minister Wolfgang Schaeuble had wanted to give the ailing Greek government a "demonstration of solidarity" by committing this spring to further support from Europe after the May 25 poll.

"He sees the danger that without the prospect of further aid, radical parties in Greece could make big gains in the election," leading the government in Athens to collapse, the magazine reported.

However, it said Merkel's own domestic political concerns led her to veto the move over fears that the eurosceptic Alternative for Germany (AfD) could benefit from a fresh debate about aid for Greece.

 
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