12:53 01Jun11 RTRS-GERMAN COALITION BUDGET EXPERT FRICKE SAYS IMF CONTRIBUTION TO GREEK AID IS "FACTUAL AND LEGAL PRECONDITION" FOR GERMANY PAYING ITS SHARE IN AID
12:53 01Jun11 RTRS-GERMAN MERKEL ALLY FRICKE SAYS GERMANY'S SHARE IN GREEK BAILOUT IS FIXED
13:03 01Jun11 RTRS-Germany can't pay Greek aid without IMF-Merkel ally
BERLIN, June 1 (Reuters) - Germany cannot pay out its share of the next tranche of aid to Greece if the International Monetary Fund decides not to disburse its part, a coalition ally of German Chancellor Angela Merkel said on Wednesday.
"The contribution of the IMF is and remains a factual and legal precondition for Germany paying its part of the aid," Otto Fricke, a budget expert with junior coalition partner the Free Democrats (FDP) told Reuters.
"On top of that, Germany's share in the bailout is fixed."
Germany's contribution to the Greek rescue package is up to 22.4 billion euro of the total 110 billion euros.
12:53 01Jun11 RTRS-GERMAN MERKEL ALLY FRICKE SAYS GERMANY'S SHARE IN GREEK BAILOUT IS FIXED
13:03 01Jun11 RTRS-Germany can't pay Greek aid without IMF-Merkel ally
BERLIN, June 1 (Reuters) - Germany cannot pay out its share of the next tranche of aid to Greece if the International Monetary Fund decides not to disburse its part, a coalition ally of German Chancellor Angela Merkel said on Wednesday.
"The contribution of the IMF is and remains a factual and legal precondition for Germany paying its part of the aid," Otto Fricke, a budget expert with junior coalition partner the Free Democrats (FDP) told Reuters.
"On top of that, Germany's share in the bailout is fixed."
Germany's contribution to the Greek rescue package is up to 22.4 billion euro of the total 110 billion euros.
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