NEWS

Juncker does not rule out a third package

After German Finance Minister Wolfgang Schauble on Friday, Eurogroup chief Jean-Claude Juncker, too, said on Saturday that Greece may require a third bailout package.

Asked in the context of a television interview whether he would be sure Greece would not need a third package, he answered: ?This is something we cannot rule out, although we should not start with the assumption that a third program would be required.?

He went on to disagree with those who say think a Greek default is inevitable, saying: ?I do not see how Greece could go bankrupt.?

For his part, the outgoing president of the World Bank, Robert Zoellick said that the new bailout package for Greece buys time.

?It is too early for us to know what will happen, it partly depends on what the Greeks would do,? he added.

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