The European Central Bank will not fill potential financing gaps in Greece’s budget, Governing Council member Jens Weidmann said on Wednesday.
Asked about whether Greece might need another bail-out, the president of Germany’s Bundesbank told reporters after a meeting with Italian Finance Minister Vittorio Grilli that he did not want to comment on rumours and would rather wait for a formal assessment of Greece’s financial state.
“This is a question we should ask finance ministers. They are responsible for setting up the programmes and also for deciding on potential financial gaps. Those are not to be filled by central banks. This is a clear position I have,” Weidmann, who also heads the German Bundesbank, said.
(source: Reuters)
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