Skip to main content
Tags: EU | Germany | Greece

Germany: Aid to Athens Only After Austerity Talks

Monday, 26 April 2010 08:02 AM EDT

German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union and the International Monetary Fund on austerity measures.

Schaeuble told reporters Monday parliament won't take any formal action before those talks are finalized.

He says Athens must proceed speedily and wrap up negotiations by the end of the week.

Greece said Friday it would ask for a joint eurozone-IMF financial rescue package worth some $50 billion — a move that has the German public concerned their tax money will be used to bail out another country.

Germany would be the biggest single contributor of loans, providing some 8.37 billion euros ($11.2 billion) and the measure needs parliamentary approval.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


FinanceNews
German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union and the International Monetary Fund on austerity measures.Schaeuble told reporters Monday parliament won't take any formal...
EU,Germany,Greece
117
2010-02-26
Monday, 26 April 2010 08:02 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved