ECONOMY

Schaeuble pledges to stop speculating about Greece ahead of report

German Finance Minister Wolfgang Schaeuble on Tuesday called for patience rather than engaging in «speculation» ahead of a report by Greece’s troika of international creditors.

“We all agree that we are totally patient in waiting for the next report of the troika,» he told reporters in Vaanta, Finland, after a meeting with his Finnish counterpart Jutta Urpilainen and Dutch Finance Minister Jan Kees de Jager.

“Because any speculation before that doesn’t make sense,» he added when asked about the possibility of restructuring Athens’ debt again.

Representatives of the troika — the International Monetary Fund, the European Commission and the European Central Bank — called time out on Friday on lengthy bailout negotiations with Athens.

The talks are expected to resume this week.

Schaeuble said nothing could happen before a report based on the negotiations in Athens was published.

“This is the situation, the rest is speculation,» he said.

[AFP]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.