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Schäuble: No more money for Greece unless IMF and ECB report is positive
The rules state clearly and "with no room for manoeuvre" that the International Monetary Fund, European Central Bank and European Commission's report on compliance with reform targets must be positive for further aid to be released, he said. "The troika mission must be resumed and it must come to a positive conclusion, otherwise the next tranche for Greece will not be paid out," Mr Schäuble told a budget debate in the German parliament. "Those are the rules." Greece's talks with its international lenders broke off last Friday after disagreement on why Athens has fallen behind schedule in cutting its deficit target ... (full story)
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