Reuters
February 18, 2012
It would make no sense to split the second bailout programme for Greece, German Finance Minister Wolfgang Schaeuble was quoted as saying by the weekly Tagesspiegel am Sonntag.
"If Greece gets all the necessary approvals and implements reforms and clears other matters, then it will be able to get the second aid package," Schaeuble said. "A staggered agreement or an agreement step by step would not be constructive."
"We will decide on a whole programme on Monday," he added.
Sources told Reuters on Wednesday that euro zone finance officials had been examining ways of delaying part or all of a 130 billion euro bailout for Greece.
But European leaders expressed optimism on Friday that Greece would secure the whole of the new rescue package worth 130 billion euros after Athens set out the remaining cuts in a 3.3 billion euro austerity package.
Schaeuble also defended himself against the criticism of Greek President Karolos Papoulias, who angrily accused him of insulting Greece.
"I do not know any Mr Schaeuble who would do such a thing," he said. "Perhaps the Greek President heard something wrong."
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