Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Finance Minister Wolfgang Schaeuble raised the prospect of renegotiating Greece's bailout just as Germany heads toward elections, saying he'd have to seek lawmakers' backing for a new program if the International Monetary Fund bows out.Continuing the program without IMF contribution in loans could break the deadlock between the country's creditors, a Greek government official said in an email to reporters.Even as Alexis Tsipras' government sides with the EU Commission in resisting calls from the IMF for deeper pension cuts and a reduction of the income-tax-free threshold, Schaeuble warned that a potential program backed by the euro area won't be a walk in the park.Any IMF decision not to participate would require a new program and Bundestag involvement, Weissgerber told reporters in Berlin.As Greece seeks to regain market access before its current bailout expires next year, the ECB is refusing to buy its bonds amid doubts about the sustainability of Greek debt.
FOLLOW THIS ARTICLE