FXstreet.com (Barcelona) - German Finance Minister Wolfgang Schäuble told reporters on Monday, ahead of the Eurogroup meeting in Luxembourg, that Spain “does not need additional financial aid,” adding that the country's government is doing all that is necessary to fight the crisis.
Commenting on another important point on the meeting agenda – the decision on the bailout for Greece - Schäuble admitted that it cannot be expected today, as Troika's report has not been finalized yet, stating however that "hope never dies for an October decision on Greece".
Finally, the German finance minister welcomed the Eurogroup's official approval of the ESM, reminding however that this is enough to end the crisis in the area.
Commenting on another important point on the meeting agenda – the decision on the bailout for Greece - Schäuble admitted that it cannot be expected today, as Troika's report has not been finalized yet, stating however that "hope never dies for an October decision on Greece".
Finally, the German finance minister welcomed the Eurogroup's official approval of the ESM, reminding however that this is enough to end the crisis in the area.
