Ber­lin stays fo­cused on suc­cess of bailout re­view

Kathimerini English - - Focus -

BER­LIN (Reuters) – Ger­many is fo­cused on en­sur­ing that a re­view of Greece’s bailout is suc­cess­ful, a Fi­nance Min­istry spokes­woman said when asked about re­marks by Fi­nance Min­is­ter Wolf­gang Schaeu­ble that Athens would have to leave the eu­ro­zone if it ig­nored its com­mit­ments. “We are at the mo­ment en­gaged in en­sur­ing that a re­view of the cur­rent third pro­gram is suc­cess­ful. That’s where all our ef­forts are fo­cused,” min­istry spokes­woman Friederike von Tiesen­hausen told a gov­ern­ment news con­fer­ence yes­ter­day. A se­nior eu­ro­zone of­fi­cial had said ear­lier that lenders in the sin­gle cur­rency bloc and the In­ter­na­tional Mone­tary Fund had reached an agree­ment be­tween them­selves on a com­mon stance they will present to Greece, sig­nal­ing a break­through. “That is pleas­ing. That shows that the IMF has been play­ing a con­struc­tive role. But I would like to point out that from a pro­ce­dural per­spec­tive an agree­ment among the in­sti­tu­tions is one step, but it is also im­por­tant that we have an agree­ment be­tween the in­sti­tu­tions and Greece,” she added.

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