Berlin says little risk of Greek crisis infecting Germany

30 Jun 2015 | Author: | No comments yet »

Greece Can Stay in Euro Even With ‘No’ Vote, Schaeuble Tells Lawmakers.

German Finance Minister Wolfgang Schaeuble told lawmakers in Berlin that Greece would stay in the euro for the time being if Greek voters reject austerity in a referendum scheduled this week, according to three people present.

Schaeuble also said the European Central Bank would do what’s needed to protect the euro if Greeks voted against the bailout terms in the July 5 referendum, according to the people, all of whom participated in the closed-door meeting on Tuesday. Germany’s stance suggests that policy makers in Berlin are preparing for Greeks to reject the offer by creditors for continued aid to the euro area’s most-indebted nation.

Here you can write a commentary on the recording "Berlin says little risk of Greek crisis infecting Germany".

* Required fields
Our partners
Follow us
Contact us
Our contacts

About this site