German Finance Minister Says Greek Bailout Might Need To Be Revised


Photo: tripphotogallery via Flickr

German Finance Minister Wolfgang Schaueble just said that the second Greek bailout might need to be revised, according to a Dow Jones blast.He foresaw changes if Greece is unable to meet the conditions prerequisite for the bailout, given doubts about its ability to live up to the requirements ECB/IMF/EU trioka officials set forth for the next tranche of aid.

Via ForexLive, he told reporters at the joint IMF/World Bank conference today, “I would be surprised if the conditions for the payout of the next aid tranche [from Greece’s first bailout plan] have changed, but not the conditions for an additional aid programme.”

Markets don’t seem to be phased at all.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

europe moneygame-us