Merkel Downplays Chance of Eurozone Exit by Greece

Germany's Angela Merkel played down the chances of a Greek exit from the eurozone Wednesday but made clear she expected Athens to stick to the terms of its international bailouts after this month's election. The chancellor addressed the issue for the first time since a German magazine said over the weekend that her government had shifted its stance and was ready to accept a Greek exit if Athens failed to meet its commitments under EU/IMF rescue packages totaling 240 billion...

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