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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Photos Sitemap Greek, German leaders move to soothe tensions AFP - Saturday, March 6 Send IM Story Print BERLIN (AFP) - – Germany's economy minister told Greek Prime Minister George Papandreou he would not come away with "one cent" from Berlin on Friday as the two eurozone leaders moved to calm rising tensions. "Papandreou said that he didn't want one cent -- in any case the German government will not give one cent," Rainer Bruederle said on the sidelines of an event in Berlin. Papandreou was due to meet German Chancellor Angela Merkel in Berlin later on Friday following the announcement this week the third wave of spending cuts and tax rises in as many months aimed at restoring trust in Greece's solvency. The 4.8-billion-euro (6.5-billion-dollar) package was enough for Athens to be able to raise an urgently needed five billion euros through a bond issue on Thursday, albeit with a painful six-percent rate of interest. Merkel said on Friday that the bond issue "provides optimism". Whether it will be enough to restore investor trust in Greece in the longer term remains to be seen however, and the cutbacks are provoking angry protests in Greece. Europe's biggest economy is widely seen as the most likely candidate to help prevent a Greek default, which would be disastrous for the 16-nation eurozone. But there is huge opposition in Germany against such a move, with newspapers carrying angry editorials about Greek corruption and wasteful spending and Merkel allies even suggesting Greece should sell some islands to free up some cash. The mass-circulation Bild wrote its own "letter" to Papandreou on Friday, telling him he was visiting a country where, unlike his own, people "get up early and work the whole day". "No one here has to pay thousands of euros in bribes to get a hospital bed. We don't give pensions to generals' daughters who can't find a husband ... Taxi drivers give receipts and farmers don't get billions of euros in EU subsidies for non-existent olive trees," the paper thundered. German magazine Focus printed a cover image of the famous Venus de Milo statue making an obscene hand gesture. The accompanying article called Greece the "traitor" of the euro for its excessive deficit spending. This has irked Greek politicians and newspapers, with some claiming that Germany still owed Greece money from World War II, and Papandreou and Merkel both moved to soothe tensions on Friday. "We haven't asked the German taxpayer to bail us out, to pay for our pensions and our holidays. That is not fair," Papandreou told the Frankfurter Allgemeine daily in an interview. "Nor do Greeks have corruption in [their] blood any more than Germans have National Socialism (the Nazi ideology) in theirs. It is very dangerous when we use stereotypes like this." Merkel said on Friday that "everything to do with negative emotions is not helpful". "We should find other solutions to our problems," she told reporters. Recommend Send IM Story Print News Search Top Stories US jobless rate holds steady, despite winter storms Greek parliament approves austerity bill Greek, German leaders move to soothe tensions Experts confirm asteroid wiped out the dinosaurs Sony to take on Apple with handheld devices: WSJ More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Experts confirm asteroid wiped out the dinosaurs Scientists find early dinosaur cousin Sony to take on Apple with handheld devices: WSJ Chile quake moved Earth's axis, shortened days: scientist Russia unveils 20-billion-dollar plan to save car industry More Most Viewed » Chile quake moved Earth's axis, shortened days: scientist Florida killer whale to stay in park after deadly attack DNA reveals some mystery on King Tut, raises questions Scientists recreate Big Bang heat of 4 tln degrees C First footage of clouded leopard captured in Borneo More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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