Germany's FinMin: New Greek govt must respect pledges
German Finance Minister Wolfgang Schaeuble said on Friday that Greece
would have to ”bear the consequences” if its voters elected a new
government in an election on Sunday that does not respect commitments
made by the outgoing coalition.
In a speech in the western German
city of Cologne, Schaeuble said future Greek governments must honour the
commitments made to international lenders by the current coalition made
up of the centre-right New Democracy Party and the socialist PASOK
party.
Noting that European Union membership is voluntary,
Schaeuble also said he did not believe the results of elections on
Sunday in Greece and France would in essence have any impact on German
financial policies.
Schaeuble reiterated his view that the Spanish government is on the right path of reform but still needs more time. [Reuters] |
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