Merkel: will help Greece restore confidence



BERLIN (AP) — Chancellor Angela Merkel says that Germany will do what it can to help Greece regain markets’ confidence.

Merkel spoke Tuesday at a German industry conference also attended by Greek Prime Minister George Papandreou. The two were to hold a meeting later in the day.

Merkel says she has “absolute respect” for structural reforms pushed through by Papandreou’s government and the most important thing is for Greece to win back confidence.

She says that “whatever Germany can do to support that, we will do.” But Merkel didn’t offer new measures and again rejected the idea of pooling European countries’ debt — for example by issuing joint so-called eurobonds.

She also says that Germany is “not available” for further economic stimulus programs.