Schaeuble Signals Greece May Need More as Bild Slams Deal
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German Finance Minister Wolfgang Schaeuble signaled that Greece may need additional help as the country’s most-read newspaper slammed a rescue accord as a “never-ending story” financed by German taxpayers.
Euro-area governments may provide additional funding through the European Union structural fund and further interest-payment reduction as long as Greece meets all its obligations under the agreement, Schaeuble wrote in a letter to German lawmakers obtained by Bloomberg News. Legislators in the lower house, or Bundestag, will vote on the measure on Nov. 30.