AIRLINK 74.16 Increased By ▲ 1.16 (1.59%)
BOP 5.35 No Change ▼ 0.00 (0%)
CNERGY 4.33 Increased By ▲ 0.02 (0.46%)
DFML 28.20 Decreased By ▼ -0.35 (-1.23%)
DGKC 78.65 Increased By ▲ 4.36 (5.87%)
FCCL 20.79 Increased By ▲ 0.44 (2.16%)
FFBL 31.30 Increased By ▲ 0.40 (1.29%)
FFL 10.18 Increased By ▲ 0.12 (1.19%)
GGL 10.47 Increased By ▲ 0.08 (0.77%)
HBL 117.40 Increased By ▲ 1.43 (1.23%)
HUBC 135.50 Increased By ▲ 3.30 (2.5%)
HUMNL 6.69 Increased By ▲ 0.01 (0.15%)
KEL 4.17 Increased By ▲ 0.14 (3.47%)
KOSM 4.78 Increased By ▲ 0.18 (3.91%)
MLCF 39.45 Increased By ▲ 0.91 (2.36%)
OGDC 134.71 Increased By ▲ 0.86 (0.64%)
PAEL 23.59 Decreased By ▼ -0.24 (-1.01%)
PIAA 27.32 Increased By ▲ 0.19 (0.7%)
PIBTL 6.90 Increased By ▲ 0.14 (2.07%)
PPL 113.79 Increased By ▲ 0.99 (0.88%)
PRL 27.85 Decreased By ▼ -0.31 (-1.1%)
PTC 14.55 Decreased By ▼ -0.34 (-2.28%)
SEARL 56.84 Increased By ▲ 0.42 (0.74%)
SNGP 65.80 No Change ▼ 0.00 (0%)
SSGC 11.05 Increased By ▲ 0.04 (0.36%)
TELE 9.10 Increased By ▲ 0.08 (0.89%)
TPLP 11.80 Decreased By ▼ -0.10 (-0.84%)
TRG 69.90 Increased By ▲ 0.80 (1.16%)
UNITY 23.71 No Change ▼ 0.00 (0%)
WTL 1.34 Increased By ▲ 0.01 (0.75%)
BR100 7,504 Increased By 69.8 (0.94%)
BR30 24,503 Increased By 283.2 (1.17%)
KSE100 72,125 Increased By 765.7 (1.07%)
KSE30 23,833 Increased By 266.4 (1.13%)

imageBERLIN: A group of hardliners among German Chancellor Angela Merkel's conservatives have urged lawmakers to take a tough stance on a loan extension to Greece, the Frankfurter Allgemeine Zeitung (FAZ) reported on Wednesday.

Finance Minister Wolfgang Schaeuble has written to the speaker of the lower house of parliament requesting a vote this week on extending the bailout.

But a group of conservatives, composed of politicians who have opposed bailouts in the past, have publicly warned against being too lenient on Greece, underscoring misgivings about the loan extension among Merkel's Christian Democrats (CDU).

"A simple extension of the aid programme without effective terms would mean that we are knowingly throwing further good money after bad," warned the head of the CDU committee, Kurt Lauk, and its secretary general, Wolfgang Steiger, in a letter to lawmakers cited by the paper.

In a separate report published in the Handelsblatt on Tuesday, conservative Bavarian politician David Bendels called on parliament to reject the extension to Greece's financial rescue.

"Anything else would be grossly negligent and a betrayal of the German taxpayer," Bendels -- the spokesman of a "breakaway" conservative group who have warned that Greece can no longer stay in the euro -- told the paper.

The hardliners are still a small group in Merkel's coalition with the Social Democrats, which has a comfortable majority in the lower house of parliament of 504 seats.

Copyright Reuters, 2015

Comments

Comments are closed.