Germany will negotiate with Athens 'until last minute': Merkel ally
Source: Reuters
BERLIN (Reuters) - Berlin will negotiate with Athens "until the last minute", a senior ally of Chancellor Angela Merkel told Germany's Inforadio on Friday, but stressed that Greece must be prepared to carry out reforms.
Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal.
Peter Altmaier, Merkel's chief of staff, said he still believed it was possible that Athens and its international lenders could reach a solution to Greece's debt crisis.
"We will negotiate until the last minute," Altmaier told Inforadio, adding that the German government did not want "the people in Greece to be disadvantaged because their government possibly did not recognize in time that the hour has come."
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