Merkel backs tough bailout criteria: reports
7/15/12 3:09 PM ET (MarketWatch)Print
SAN FRANCISCO (MarketWatch) -- German Chancellor Angela Merkel said Sunday she expects Germany's parliament to approve a bailout package for Spain's banks that is being put together by euro-zone finance ministers, news outlets reported.
German lawmakers will vote on Spain's $122 billion rescue package July 19.
In a ZDF television interview, Merkel also said European government leaders haven't decided on who will be liable for future bank bailouts, the reports said.
Merkel further denied she is letting other euro-zone leaders soften conditions placed on future bailouts, The Wall Street Journal said.
Merkel declined to comment about Greece's bailout.
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