Angela Merkel
Media playback is unsupported on your device

Greece economy: Debt relief ruled out by Angela Merkel

The German Chancellor, Angela Merkel, has ruled out cancelling more of Greece's debt.

She told a German newspaper the EU would continue to show solidarity with Greece if it carried out reforms and cost-saving measures.

Her comments came as an European Commissioner warned that the EU should not be seen as bringing only austerity and pain.

Mark Lowen reports from Athens.

  • 31 Jan 2015
Go to next video: 'It's not about who will blink first'