Merkel sees no reason to despair over Greece

BERLIN: German Chancellor Angela Merkel said there was no reason to despair over Greece, although she warned that a solution to the country’s debt crisis would not be found at Thursday’s EU summit.

“If we look at what we have achieved on the road to the European Union, I don’t see any reason to give up, or despair. On the contrary,” Merkel said in a statement to the German parliament, just hours before the summit in Brussels.