Schaeu­ble sig­nals Greece may need more help as Bild slams deal

The Pak Banker - - Front Page -


Ger­man Fi­nance Min­is­ter Wolf­gang Schaeu­ble sig­naled that Greece may need ad­di­tional help as the coun­try’s most-read news­pa­per slammed a res­cue ac­cord as a “never-end­ing story” fi­nanced by Ger­man tax­pay­ers. Euro-area gov­ern­ments may pro­vide ad­di­tional fund­ing through the Euro­pean Union struc­tural fund and fur­ther in­ter­est- pay­ment re­duc­tion as long as Greece meets all its obli­ga­tions un­der the agree­ment, Schaeu­ble wrote in a let­ter to Ger­man law­mak­ers ob­tained by me­dia. Leg­is­la­tors in the lower house, or Bun­destag, will vote on the mea­sure as soon as to­mor­row.

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