Third Greek bailout can't be ruled out says Schaeuble

Greece can achieve the goal of cutting debt to 120.5 per cent of economic output in 2020 though a third bailout for the nation can’t be excluded, German finance minister Wolfgang Schaeuble said.

12th March, 2012
Third Greek bailout can't be ruled out says Schaeuble
German finance minister Wolfgang Schaeuble.

Greece can achieve the goal of cutting debt to 120.5 per cent of economic output in 2020 though a third bailout for the nation can’t be excluded, German finance minister Wolfgang Schaeuble said in an interview with De Morgen.

“Nobody can now exclude that Greece at a single moment may need a third bailout,” the Belgian newspaper quoted Schaeuble as saying. “I have all confidence that the measures that we have taken and that Greece...

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