Merkel says she wants good eurozone future for Greece as Germany presses for full compliance

Associated Press

Chancellor Angela Merkel says she's hoping for a good future for Greece in the eurozone as Germany pushes Athens to comply fully with the terms of its financial bailout.

Germany's Parliament signed off Friday on a four-month extension to Greece's bailout, an agreement under which the new Greek government committed to honoring its financial obligations fully. It now has to submit detailed reform plans and pass a review by creditors.

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Merkel said Monday: "On this basis, I hope for a good future for Greece as a member of the eurozone."

Comments by Greek officials casting doubt on elements of the bailout have irked key creditor Germany. Finance Minister Wolfgang Schaeuble told ARD television Sunday: "We insist on what was agreed being fulfilled."