BUSINESS

Schaeuble sees no need currently for Greek debt restructuring

TAGS: Economy, Politics

German Finance Minister Wolfgang Schaeuble has said he sees no need for debt restructuring.

"The agreements of last summer are clear: if the first program review is completed successfully and then the need still arises to do something about debt sustainability, then we will talk about it," he said in an interview with Reuters published Tuesday.

"So far, I cannot discern from the debt-sustainability analysis a need for debt restructuring."

"I currently see no need for that," he added.

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