Germany has growing doubts about quick deal on Greek aid: Bild
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts