Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

German Economy Minister says 'not clear' how to keep helping Greece

Published 07/04/2015, 12:55
Updated 07/04/2015, 13:01
© Reuters. People holding umbrellas make their way next to fluttering Greek national flags on the main Constitution (Syntagma) square during heavy rainfall in Athens

BERLIN (Reuters) - Germany's economy minister said on Tuesday his country was ready to help Greece get back on its feet and stay in the euro zone but it wasn't clear to him how they could keep helping.

"This country (....) is ready to help (Greece) get back on its feet - moreover in my firm opinion in the euro and not outside the euro," Sigmar Gabriel said during a talk at the economy ministry.

"How one can do that, does still not appear to me to be very clear," he said.

© Reuters. People holding umbrellas make their way next to fluttering Greek national flags on the main Constitution (Syntagma) square during heavy rainfall in Athens

Gabriel also criticised Greek comments that it owes nearly 279 billion euros (203.53 billion pounds) in reparations for the Nazi occupation of the country, saying World War Two reparation payments had nothing to do with negotiations on Greece's current debt crisis.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.