German Chancellor Angela Merkel said on a visit to Japan yesterday that Europe faced a formidable challenge in reaching a financial aid agreement with Greece that would keep it in the euro zone.
Asked at a news conference in Tokyo about whether she would rule out a so-called “Grexit,” as European Commission chief Jean-Claude Juncker appeared to do in an interview over the weekend, Merkel struck a more cautious tone.
“I have said time and time again, and I can say it again here, our political goal is to keep Greece in the euro zone. We have been working on this for many years,” she said.
