Germany's Schaeuble expects IMF to stick with Greece program

Germany's Schaeuble expects IMF to stick with Greece program

German Finance Minister Wolfgang Schaeuble actually expects the IMF to remain on board with Greece's bailout program. That’s what told a German newspaper in an interview released on Friday.

Talks between the European Union, Greece and the International Monetary, which has yet to decide whether it’s going to participate in Greece's current bailout, have been being lasting for months, driving fears of a new financial downtime in the euro zone.

Wolfgang Schaeuble stressed that he expect that the International Monetary Fund is going to stay on board. He added that the sum with which the IMF participates isn’t so relevant, as the main thing is that it takes part.

He also told that he expects that in the future Greece won’t require a further rescue program and also from 2018, just as planned, will access capital markets.

By the way, on September 24 Germany votes in a national election, with chancellor Angela Merkel expecting to grasp a fourth term.

 

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