MOSCOW (Sputnik) – German Finance Minister Wolfgang Schauble wishes to postpone the decision on debt relief for Greece until 2018, the German Handelsblatt newspaper reported Wednesday, citing a confidential letter of the Finance Ministry.
The possible measures on the debt relief will "depend on full implementation of the [reform] program by 2018," according to Handelsblatt.
On Tuesday, the Wall Street Journal reported that the International Monetary Fund (IMF) called for the eurozone to free Greece from paying interest on bailout loans until 2040.
The Greek debt crisis erupted in 2010 with a number of austerity packages adopted by the parliament and several bailout payments provided by the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF). The loans, however, only resulted in increasing country’s debt.