ECONOMY

German Finance Ministry plays down Schaeuble comments on third Greek bailout

The German Finance Ministry attempted on Monday to play down comments by Finance Minister Wolfgang Schaeuble that Greece would require a third bailout.

Schaeuble had suggested in an interview with Focus magazine that Greece would need assistance of less than 10 billion euros in the years to come.

Finance Ministry spokeswoman Marianne Kothe insisted that Schaeuble had said “nothing new” and that it would be up to Greece whether it would need further loans from its eurozone partners.

The Greek government has insisted that it will not need a third bailout.

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