Athens is buying back government bonds
from its private creditors at steep discounts to an effort to secure its next round of EU/IMF aid.
Germans and Greeks were once close friends and partners within the EU - prior to the euro zone crisis. German President Joachim Gauck is now traveling to Athens to offer encouragement to the debt-stricken country.
After months of wrangling, the EU's financiers are back in Athens. The Greek government says it has successfully implemented austerity measures, and claims that a recovery is already underway.
German President Joachim Gauck has asked the families of victims of a town wiped out by German soldiers in WWII for 'forgiveness.' Gauck visited the memorial site amid calls in Greece for more reparation payments.
President Joachim Gauck acknowledged Germany's "moral debt" for the killings of Greek civilians by Nazi soldiers during World War Two. But he reiterated Berlin's refusal to discuss fresh reparation payments.
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