Reuters logo
Schaeuble expects Greece reform review to be finished in April
March 8, 2016 / 11:48 AM / 2 years ago

Schaeuble expects Greece reform review to be finished in April

BRUSSELS (Reuters) - Greece’s international lenders expect to have finished verifying that Athens has carried out promised reforms by the time of the Greek Orthodox Easter in late April or early May, German Finance Minister Wolfgang Schaeuble said on Tuesday.

Men sit in front of a shop in central Athens, Greece, July 21, 2015. REUTERS/Yiannis Kourtoglou -

A first review of economic reforms under the bailout plan agreed last August, which Greece wants concluded fast to allow it to open talks on debt relief, has been held up by disagreement among the lenders over how much more Athens needs to save in public spending, notably on pensions.

Schaeuble declined to link a possible delay in implementing reforms with the growing number of migrants stranded in Greece after its northern neighbor Macedonia stopped letting them through unchecked.

“Trying to use the refugee challenge as an excuse not to fulfill the conditions of the program is obviously complete nonsense,” Schaeuble said.

Greece has said it is unable to cope with the build-up of migrants since the closure of the “Balkan route”, which was used by more than a million people last year to reach more affluent countries further north.

Reporting by Tom Koerkemeier; Writing by Tina Bellon; Editing by Kevin Liffey

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below