23:57 GMT +315 October 2019
Listen Live
    A hand of a statue is seen as the Greek flag waves in Athens, Sunday, June 28, 2015.

    German Finance Chief 'Confident' in Success of Eurozone Talks on Greece

    © AP Photo / Daniel Ochoa de Olza
    Business
    Get short URL
    Greece's Gordian Knot: Syriza Tackles Austerity (404)
    0 26
    Subscribe

    Just hours before an extraordinary Eurogroup meeting on the third bailout deal, Greece's parliament approved the corresponding aid package amounting to 85 billion euro ($94 billion).

    BERLIN (Sputnik) — German Finance Minister Wolfgang Schaeuble said he was confident of success in Friday's talks on the Greek issue, where he and his Eurozone counterparts are expected to reach an agreement on a third bailout deal for Athens.

    "I am confident in the fact that we are going to get a result today," Schaeuble said as he arrived for the meeting of all eurozone finance ministers in Brussels.

    On August 20, Greece is due to make a 3.4-billion-euro ($3.8 billion) repayment to the European Central Bank (ECB), one of its major international creditors.

    If the negotiators are unable to reach an accord on Friday, they will have to arrange a bridge loan for Athens, Schaeuble added.

    Topic:
    Greece's Gordian Knot: Syriza Tackles Austerity (404)

    Related:

    Pirates of the Aegean: Mysterious Men Assault, Rob Refugees on Greek Isles
    Greek Parliament Approves Third Bailout Deal
    Greece Has Difficulties Handling Refugee Flow Due to Financial Crisis - MSF
    Tags:
    Eurozone, Wolfgang Schauble, Germany, Greece
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik