Germany’s Finance Minister Wolfgang Schäuble couldn’t rule out a Greek default

Market news

21 May 2015

Germany’s Finance Minister Wolfgang Schäuble couldn’t rule out a Greek default

Germany's Finance Minister Wolfgang Schäuble said in an interview to The Wall Street Journal and Les Echos that he couldn't rule out a Greek default. Schäuble showed no willingness to compromise in the debt talks between Greece and its creditors to unlock the €245 billion bailout.

He also said that he was ready to talk with the U.K. about its demand to rewrite the rules of its European Union membership.

UK retail sales rise 1.2% in April

U.S. crude oil inventories decline by 2.67 million barrels last week

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