Merkel May Consider Loosening Greek Bailout Conditions

Report indicates that the German Chancellor may continue the Greek bailout without strict austerity conditions.

There's a report from Rainer Buergin at Bloomberg that Angela Merkel is ready to ease Greek bailout terms.

It cites German lawmakers Klaus-Peter Willsch and Frank Schaeffler, who say that the official line is to stay tough, but that in reality she's preparing to cave.