Tuesday, March 8, 2016

Germany’s Schäuble Sees No Need For Immediate Decision on Greece Payments

Wall Street Journal
March 8, 2016

There is no reason to take decisions now on how to ease Greece’s debt burden in the near future, Germany’s finance minister said Tuesday in another sign of disagreements between Athens’ creditors.

“I don’t have a proper argument for the German lawmaker and the German public…on why this should be the focus of debate now,” Wolfgang Schäuble said following discussions with other European finance ministers.

Under a third bailout deal for Greece reached with the International Monetary Fund last summer, eurozone governments pledged to take steps to ease Greece’s debt after the first review of the new rescue program. Mr. Schäuble said he expects that review to be conclude in April.


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