THE LATEST: Germany's Merkel presses Greece to follow through on reform commitments
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9:35 a.m. (0735 GMT, 3:35 a.m. EDT)
German Chancellor Angela Merkel is pressing Greece to deliver on commitments to carry out reforms, stressing before a meeting of eurozone finance ministers that she wants the country to remain in the common currency.
Merkel said in a speech to the German Parliament Thursday that Greece's government in February "committed itself to comprehensive structural reforms. These must now be tackled with determination."
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Merkel stressed that "Germany's efforts are directed to Greece remaining in the eurozone." She reiterated that "where there's a will, there's a way — if the political leaders in Greece show this will, an agreement with the three institutions is still possible." That was a reference to Greece's international creditors.
Greece needs to unlock loans from its creditors before June 30, when its bailout program expires.