Greece needs reforms, not debt relief: Schaeuble

BERLIN : Greece must carry out structural reforms instead of receiving further debt relief if it wants to achieve sustainable growth and stay in the euro zone, Germany’s finance minister Wolfgang Schaeuble said on Sunday to Bild am Sonntag newspaper, ahead of a meeting of euro zone finance ministers in Brussels to discuss short-term measures to lighten Greece’s debt burden. “If Greece wants to stay in the euro, there is no way around it - in fact completely regardless of the debt level,” he said.