Schäuble cautious about the possibility of avoiding failure – RTP

 

Lusa
 20 May 2015, 19:00
 
 

 

 Asked by les Echos newspaper and Wall Street Journal about the possibility to ensure, as it did in 2012, that Greece would avoid default, Schäuble said that “today reflect enough before repeating it.”
 

 “The sovereign and democratic decision of the Greek people puts us in a very different situation from 2012,” he said, alluding to the coming to power of Syriza, the radical left, which won the Greek elections in late January.
 

 Athens and the creditor institutions of the country (European Commission, European Central Bank and International Monetary Fund) are for several months in negotiations on the reforms that the country should apply for it to be released a tranche of 7.2 billion euros of the loan in 2012, under the second bailout program.
 

 This funding is considered vital for the country meet its financial commitments.
 

 Today, the talks resumed in Brussels and should last until Saturday, the 2nd European source.
 

 The German minister said that “the negotiations between Greece and the three institutions have always been difficult,” but “in the past always had results.”
 

 
 

tags: Money

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