• German Finance Minister Wolfgang Schaeuble: Spain does not need a program to help

Market news

21 September 2012

German Finance Minister Wolfgang Schaeuble: Spain does not need a program to help

  • Adjustment of the eurozone economy was significant, except in Greece

  • No one should be talking about the benefits of the new Greek debt write-offs

  • Greece must implement a second program

  • Unlimited ECB bond purchases have their limits

  • Italy should continue successful reforms

  • No one wants to exit of Greece from the eurozone

  • Europe remains strong for a long period

  • The liquidity of the ECB can not always keep the economy

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