Greece May Need to Make More Savings for Aid, Schaeuble Says
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German Finance Minister Wolfgang Schaeuble said that Greece will have to carry out extra savings before more international aid is freed up, tightening the screws on the Greek government as it faces down budget-cut protests.
Greece might receive additional help if a quarterly assessment next month by European officials and the International Monetary Fund shows that the government’s savings program is falling short of targets agreed on last year, Schaeuble said in a speech to the lower house in Berlin today.