BERLIN (Reuters) - German Chancellor Angela Merkel and her finance minister have both ruled out a debt haircut for Greece, rejecting the new Greek government's demand to write off part of its 320 billion euro (239 billion pounds) debt.
"There was already a voluntary waiver by private creditors; Greece has already been exempt from billions by the banks. I don't see a further debt haircut," Merkel told German daily Die Welt in an interview published in its Saturday edition.
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