Merkel Downplays Rumors of Second Greek Debt Writeoff

German Chancellor Angela Merkel has played down speculation that Greece could get a second debt writedown, saying that could destabilize the eurozone.  But some analysts say a debt writedown might be exactly what’s needed to keep the euro zone on track to recovery. 

Merkel held the chancellor’s annual summer news conference Friday, giving her an important opportunity to address the media just months before Germans vote in the September federal election.

Europe’s …

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