The decision by Moody's to cut its outlook for Germany's triple-A rating to negative could stiffen German resistance to providing more financial assistance to Greece, which is asking for more time to meet the conditions of its bailout.


German politicians have signalled they are not prepared to provide further aid to Greece. The country is at risk of going bankrupt this autumn if the troika's inspectors conclude that it isn't meeting its reform pledges, which could lead international lenders to withhold the next tranche of aid from the existing €130 billion ($157 billion) package.

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