AIRLINK 67.73 Increased By ▲ 2.53 (3.88%)
BOP 5.44 Decreased By ▼ -0.13 (-2.33%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 70.25 Increased By ▲ 0.29 (0.41%)
FCCL 20.20 Decreased By ▼ -0.10 (-0.49%)
FFBL 30.73 Increased By ▲ 1.62 (5.57%)
FFL 9.74 Decreased By ▼ -0.09 (-0.92%)
GGL 10.00 Decreased By ▼ -0.01 (-0.1%)
HBL 114.35 Increased By ▲ 0.10 (0.09%)
HUBC 130.67 Increased By ▲ 1.57 (1.22%)
HUMNL 6.71 No Change ▼ 0.00 (0%)
KEL 4.39 Decreased By ▼ -0.05 (-1.13%)
KOSM 4.85 Decreased By ▼ -0.04 (-0.82%)
MLCF 36.52 Decreased By ▼ -0.48 (-1.3%)
OGDC 134.05 Increased By ▲ 1.75 (1.32%)
PAEL 22.35 Decreased By ▼ -0.19 (-0.84%)
PIAA 25.49 Decreased By ▼ -0.40 (-1.54%)
PIBTL 6.63 Increased By ▲ 0.03 (0.45%)
PPL 113.12 Increased By ▲ 0.27 (0.24%)
PRL 29.41 No Change ▼ 0.00 (0%)
PTC 14.75 Decreased By ▼ -0.49 (-3.22%)
SEARL 57.74 Increased By ▲ 0.71 (1.24%)
SNGP 66.17 Decreased By ▼ -0.28 (-0.42%)
SSGC 10.95 Decreased By ▼ -0.03 (-0.27%)
TELE 8.74 Decreased By ▼ -0.06 (-0.68%)
TPLP 11.64 Decreased By ▼ -0.06 (-0.51%)
TRG 68.30 Decreased By ▼ -0.32 (-0.47%)
UNITY 23.40 No Change ▼ 0.00 (0%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,358 Increased By 63.1 (0.87%)
BR30 24,018 Increased By 163.8 (0.69%)
KSE100 70,685 Increased By 395.3 (0.56%)
KSE30 23,282 Increased By 111.3 (0.48%)

imageBERLIN: The German parliament will not back any agreement to rescue Greece if the International Monetary Fund (IMF) is not taking part, the parliamentary leader of Chancellor Angela Merkel's conservative Christian Democrats (CDU) said on Monday.

Volker Kauder, a close Merkel ally, also said that Merkel clearly wants Greece to remain in the euro zone. He said that Greece leaving the euro zone would definitely not be a cheaper alternative to its staying in the currency bloc.

"I couldn't vote for a further payment if the IMF says it won't work," Kauder told ARD TV. "We're pleased that the IMF is with us but if it says it won't work then our parliamentary group will also say we can't pay out further (loan) tranches."

"We all know what's at stake. No one else in Europe is carrying the responsibility for this except Greece itself.

"Not only Angela Merkel (wants to keep Greece in the euro), a lot of people want that....We're saying Greece should remain. But it won't work that Greece sets the terms and says 'everyone else has to dance to our tune'. Greece needs to get back to reality."

Copyright Reuters, 2015

Comments

Comments are closed.