German FinMin insists on 'no new negotiations' with Greece
Speaking at the opening of a parliamentary debate on Germany's 2013
budget in parliament on Tuesday, German Finance Minister Wolfgang
Schaeuble said that there cannot be any new negotiations about the Greek
budget consolidation and reform program agreed with the European Union
and the International Monetary Fund.
“It is clear that all
conditions from the program agreed only at the start of the year must be
met,” Schaeuble was quoted as saying by Market News International.
“If
this would not be the case then confidence would be again destroyed and
contagion risks for the whole eurozone would be again increased,” the
minister argued.
Schaueble is also quoted by the Wall Street
Journal as saying that Portugal and Greece have made «remarkable
progress» but insisted that Athens will not be given more time to
implement its fiscal and economic reforms to cut its deficit.
“There cannot be new negotiations on that point,” he stressed. | 
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