A cashier displays euro banknotes before a shop opens in Vilnius January 1, 2015. REUTERS/Ints Kalnins
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The German government wants Greece to stay in the euro zone and there are no contingency plans to the contrary, Vice Chancellor Sigmar Gabriel said on Sunday, responding to a media report that Berlin believes the currency union could cope without Greece.Earlier a spokesman for Chancellor Angela Merkel, Georg Streiter, said the German government expects Greece to stick to the terms of its 240-billion euro EU/IMF bailout agreement.As the euro zone's paymaster, Germany is insisting that Greece must stick to a course of austerity and not backtrack on its bailout commitments -- especially as it does not want to open the door for other struggling euro zone members to relax their reform efforts.
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