German Finance Minister Sees No Need to Discuss 'Alternatives' on Greece
24 May 2015 - 11:09PM
Dow Jones News
By Harriet Torry
BERLIN--German Finance Minister Wolfgang Schaeuble sees no need
to discuss "alternatives" or disbursing further aid to Athens,
since "Greece has to deliver what it promised" on its current
bailout program first, he said in a radio interview.
"Greece committed itself to the fulfillment of this program on
Feb. 20 and therefore we don't need to talk about alternatives,"
the minister said in an interview with Deutschlandfunk that aired
Sunday, adding that the country has "quite a lot of work ahead to
fulfill what it has promised."
Greece and its lenders are casting around for ways to prevent
the country from defaulting on debts to the International Monetary
Fund in June, as negotiations to unlock bailout aid barely inch
forward and the Athens government runs dangerously low on cash.
Write to Harriet Torry at harriet.torry@dowjones.com