Schaeuble Says Greek Problem Must Be Resolved for Europe’s Image

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German Finance Minister Wolfgang Schaeuble said that Greece will have a chance to return to sustainable public finances with “mechanisms” to be put in place by its international creditors.

Schaeuble, in a speech at a machine makers’ event in Berlin today, warned that Europe’s prestige may suffer if it fails to resolve the crisis in Greece more than three years after it played host to the beginnings of the sovereign debt crisis.