You are here

Germany has growing doubts about quick deal on Greek aid: Bild

[BERLIN] The German government has growing doubts a deal on a multi-billion-euro bailout for Greece can be agreed in the next two weeks, meaning Athens would need to secure a bridge loan, Bild daily reported on Thursday.

"That is not achievable," the newspaper quoted a government source as saying of the Aug 20 deadline for agreeing the new bailout.

A 3.5-billion-euro (US$3.82 billion) debt payment to the European Central Bank falls due on Aug 20 and without a bailout deal, Athens will need bridge financing.

On Wednesday, Greek Prime Minister Alexis Tsipras said Greece was close to concluding a deal with lenders on the bailout, which he said would end doubts over its place in the eurozone.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to