"The successful bond-repurchase is an important contribution to the improvement in Greece's ability to service her debt. I am grateful to the Budget Committee for its decision yesterday to create the basis for the payment of the next part of aid for Greece". The above statements are of German Chancellor Ms.

As per a recent report, the Berlin government is being alleged of misleading taxpayers by the German media over actual costs of saving Greece. A few papers have been complaining that the deal is not justified on Ireland.

While there is so much being talked about Greece's debt being written off, there are reports indicating that German lawmakers are thinking to release the Greece aid soon. It has been further explained that both Chancellor Angela Merkel's center-right coalition and the opposition Social Democrats (SPD) have given a nod to the same already and it's most likely to be worked on soon.

There is no denial that euro zone's debt crisis has been in talks ever since it started, and now Germany's finance minister has indicated that there might be some breather for Greece by letting go some of the money it has given to Greece.

Following the negotiations between the German government and the Conference on Jewish Material Claims against Germany, it has been decided to make changes to reparation treaty.

The move features increase in the reparation payments to the survivors of the Holocaust who are eligible for it. An agreement on the same was signed on Thursday between German Finance Minister Wolfgang Schaeuble and Claims Conference Chairman Julius Berman.

As per recent reports, it has been revealed that Germany has been expecting to have €29 billion ($37.5 billion) more than what it got last year in the form of tax income. Government's hope on tax income is high this year, and credit for the same has been given to reduced unemployment and healthy growth.

German Finance Minister Wolfgang Schaeuble has confirmed that negotiation talks are going with Greece, but he also said that nothing has been finalized yet. Talks in regard to debt crisis being faced by the latter country were being held.

While addressing a joint press conference in Berlin, French Finance Minister Pierre Moscovici said, "France and Germany will strive over the next four weeks to stop Greece from unsettling markets as officials work to put the country's faltering bailout plan back on the rails".