Schaeuble expresses optimism over Greek bailout deal in June

24 May 2017
1001 Views

Powerful German FinMin Wolfgang Schaeuble on Tuesday appeared uncharacteristically optimistic over the prospects of a conclusive agreement for the Greek bailout program by next month’s scheduled Eurogroup meeting, speaking a day after another Eurogroup session failed to hatch out the hoped for deal.

Speaking in Brussels, Schaeuble was quoted by Reuters as saying that the IMF’s representatives had proved difficult in negotiations with European creditors. He also revealed that one member-state was also against the deal.

“The German government is not blocking anything, it is just sticking to the rules,” Schaeuble was quoted as saying.

Meanwhile, EU Commission spokesman Margaritis Schinas told reporters that “Greece has delivered”, in terms of fulfilling conditions for debt relief. He also called on creditors to “show responsibility”.

You may be interested

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices
GREECE
shares38 views
GREECE
shares38 views

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices

Panos - May 07, 2021

The first upgraded Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy today, Thursday 6 May. The work on…

Foreigners looking to buy Greek property amid Covid-19 pandemic
FINANCE
shares51 views
FINANCE
shares51 views

Foreigners looking to buy Greek property amid Covid-19 pandemic

Panos - May 07, 2021

Despite the pandemic, the demand for a permanent holiday home in selected destinations in Greece by foreigners is on the…

Greek Taxisnet services not available for citizens over weekend
FINANCE
shares43 views
FINANCE
shares43 views

Greek Taxisnet services not available for citizens over weekend

Panos - May 07, 2021

Online services on the Taxisnet platform system will not be available to taxpayers over the weekend due to scheduled upgrading.…

Leave a Comment

Your email address will not be published.