Germany welcomes Greek conservatives’ win

Published June 17, 2012 9:12pm ET



BERLIN (AP) — Germany’s finance minister greeted the conservative New Democracy party’s projected win in Greek elections Sunday as a decision to “forge ahead” with implementing far-reaching reforms. Germany’s foreign minister said it’s important for Greece to stick to its agreements with creditors, but held out the prospect that Athens might be given more time to comply with them.

New Democracy party beat the radical-left Syriza party into second place on Sunday and immediately proposed forming a pro-euro coalition government — a development that eased, at least briefly, fears that the vote would unleash economic chaos.

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