There Will be No Fourth Memorandum, German FinMin Schaeuble Reassures



There will be no fourth memorandum, German Finance Minister Wolfgang Schaeuble on Tuesday said in statements to Deutsche Welle TV. The aim of the current programme, he said, is Greece to tap the markets and meet its financing needs.

On the Eurogroup agreement, he said that there is an in principle agreement on the political issues but on the technical issues there is still work to be done among the institutions.
“I hope that the institutions will soon find a solution. This is for the best of Greece and Europe. And I hope that political discussions will not open again,” he underlined.
Moreover, he said that the programme can only continue with the participation of the IMF otherwise it would be required the approval of the national parliaments.
(source: ana-mpa)