NEWS

Merkel says eurozone has hands full with existing Greek bailout program

German Chancellor Angela Merkel on Wednesday refused to speculate if Greece could count on a third aid package from its eurozone partners after Athens had completed its existing bailout program.

“I think we now have all our hands full to make this (2nd Greek bailout) succeed,” Merkel said during a press conference with European Commission President Jean-Claude Juncker in Brussels.

Merkel also said that France was on the right path to improve its competitiveness, adding that each eurozone country had to decide itself on which specific measures to take.

It is too early to discuss a third bailout package for Greece, European Commission Juncker said on Wednesday, stressing the focus of talks with Athens was implementing measures already agreed with the eurozone.

“We are going to focus on implementing what was agreed in the Eurogroup,” Juncker told the joint news conference. “It is premature to talk about a third program. That is speculation that is best avoided.”

[Combined Reuters reports]