German Finance Ministry denies Greek haircut rumors

The German Ministry of Finances has officially denied allegations made by Der Spiegel that Germany is preparing for a third bailout aid package to Greece which includes the possibility of a debt haircut.

When asked about the possibility of a new haircut of the Greek debt, the spokesman of the Germany Ministry of Finances “categorically denied” the rumors and clarified that at present there is nothing new to be said about Greece.

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