Reuters logo
German parliament must decide if Greek deal a fundamental change - Schaeuble
June 15, 2017 / 7:52 PM / 5 months ago

German parliament must decide if Greek deal a fundamental change - Schaeuble

BERLIN (Reuters) - The German parliament’s budget committee must decide if the bailout plan for Greece agreed by euro zone finance ministers and the IMF on Thursday evening amounts to a significant change to the existing programme, Germany’s finance minister said.

German Finance Minister Wolfgang Schaeuble attends the weekly cabinet meeting at the Chancellery in Berlin, Germany, June 14, 2017. REUTERS/Hannibal Hanschke

In an interview with ARD television on Thursday, Finance Minister Wolfgang Schaeuble said the IMF had agreed to launch a loan programme for Greece - a condition set by the German parliament to support a further bailout - but that the international lender would pay out only later.

“Our understanding is that this is not a fundamental change to the programme,” Schaeuble said. “In the end it is for the budget committee to decide.”

Reporting by Thomas Escritt; Editing by Alison Williams

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below