Schaeuble says trust follows Greek reforms
Germany's Finance Minister Wolfgang Schaeuble has said Greece could start rebuilding trust with its partners in the 19-country eurozone by taking immediate actions to reform its economy.
Schaeuble said at a conference in Frankfurt Thursday that "we have always said there need to be prior actions, actions meant to build trust, and I don't see any prior actions."
Schaeuble, who has been skeptical of the Greek government's commitment to reform, conceded the chance of such actions before Sunday's European summit on the Greek crisis was "rather limited."
However, he did say that new Greek Finance Minister Euclid Tsakalotos was "more conventional than his predecessor" – the confrontational Yanis Varoufakis.
Greece's euro partners are awaiting a last-chance proposal from Greece for bailout loans to keep it from running out of money and possible leaving the euro. [AP]
