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German finance minister Schäuble 'opens door' to new aid to Greece after 2014

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German finance minister Schäuble 'opens door' to new aid to Greece after 2014


German Finance Minister Wolfgang Schäuble played the stern parent during his visit to Greece on Thursday. Praising Athens’ efforts to get their finances in order, he added that the Greeks could only be rewarded once they meet their bailout imposed targets.

“During the year 2014, probably during the second half of the year, when Greece has finished the implementation of the austerity programme and has achieved a surplus, then we can start negotiations, if necessary, for further assistance,” explained Schäuble at a press conference following his meeting with his Greek counterpart Yannis Stouras.

As the man who many Greeks see as the agent of austerity, Schäuble didn’t receiving a warm welcome. A ban on protests was put in place on Wednesday night, but that did not stop eight women from demonstrating outside the finance ministry chanting ‘Nazi’ and ‘Out’.

Euronews correspondent Stamatis Giannisis reports from Greece:

“In spite of the Greek government’s hopes for a gesture of support from the German finance minister, Mr Schäuble came to Athens bearing no gifts other than a promise that Europe will keep helping Greece post-2014 when the economic aid financed by the Troika ends.”

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