Schaeuble Says Greek Bailout Success Uncertain in Long Term

German Finance Minister Wolfgang Schaeuble cast doubt on whether Greece’s bailout will succeed, while citing progress on the more immediate task of concluding a review of Greek compliance with the aid program that’s needed to unlock more funds.

“We can make it, I’m not that pessimistic, we’ve made progress,” Schaeuble said during a panel discussion in Berlin late Wednesday. The Greek government’s willingness to accept European Union help in coping with an influx of refugees is reason for optimism that the country will take more advice in other areas as well, he said.