Cyprus Mail

Germany’s Schaeuble rules out Greek debt haircut -magazine

German Finance Minister Wolfgang Schaeuble

German Finance Minister Wolfgang Schaeuble ruled out another debt restructuring for Greece in a magazine interview, rejecting a suggestion from a Greek opposition party that Europe should cut or cancel a big chunk of the country’s debt.

“That’s out of the question,” Schaeuble said, according to an advance excerpt of the interview due to be published in German newsweekly Der Spiegel on Saturday.

Related Posts

Turkish manufacturing activity contracts for fourth straight month in June

Reuters News Service

Oil prices fall on recession fears, on track for third weekly loss

Reuters News Service

Russia seizes control of Sakhalin gas project, raises stakes with West

Gnox (GNOX) 63% price jump could be the start of an outstanding performance upon launch – Bitcoin (BTC) whale Explains

CM Guest Columnist

We’ll be with you on ‘long road’ to membership, EU tells Ukraine

Press freedom at risk as Turkey blocks access to Deutsche Welle, Voice of America

Reuters News Service