German finance minister suggested Greece could issue IOUs: report
[BERLIN] German Finance Minister Wolfgang Schaeuble suggested in discussions with other eurozone finance ministers that Greece could issue IOUs as a means of interim financing, German newspaper Handelsblatt cited participants as saying.
Mr Schaeuble suggested Athens could use IOUs to serve some of its domestic payment obligations, the newspaper said on Tuesday.
It said IOUs had been a topic of discussion again at a Eurogroup meeting on Monday.
REUTERS
Read more on the Greek crisis here
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Suzhou Industrial Park: The crown jewel of China-Singapore relations celebrates its 30th year
Top US Treasury official to travel to Singapore, Malaysia to discuss sanctions
Saudi Arabia posts budget deficit of US$3.3 billion in first quarter
Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments
RBA to keep key rate at 12-year high as inflation stirs anew
EU chief says will urge ‘fair’ China competition in talks with Xi