The Straits Times
Published on Sep 09, 2012

Merkel calls for solution to keep Greece in euro zone


BERLIN (AFP) - German Chancellor Angela Merkel called for a solution to keep Greece from leaving the euro zone this autumn, the weekly Der Spiegel said in a report to appear on Monday.

"We must find a solution for Greece," Mrs Merkel told her inner circle, Der Spiegel reported without citing a source.

Mrs Merkel is said to have spoken the words before the most recent audit mission by the debt-burdened country's so-called troika of bailout lenders: the European Union, the International Monetary Fund and the European Central Bank.

Der Spiegel added that Mrs Merkel and her advisors fear that a Greek exit would trigger a domino effect akin to what followed the 2008 collapse of United States investment bank Lehman Brothers.