GERMANY’S FINANCIAL MINISTER CASTS DOUBT ON GREECE BAILOUT SUCCESS AS GREXIT AND DEBT RELIEF FOR EUROPE LOOMS


From Bloomberg

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.

Greece’s chances of leaving the euro area are about 60 percent, the Economist Intelligence Unit said in a report published Thursday.

http://www.bloomberg.com/news/articles/2016-04-20/schaeuble-says-greek-bailout-s-success-is-uncertain-in-long-term

 

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