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Europe Daily Bulletin No. 10907

27 August 2013
ECONOMY - BUSINESS / (ae) greece
Stournaras talks of €10 billion new bailout

Brussels, 26/08/2013 (Agence Europe) - Greek Finance Minister Yannis Stournaras says Athens will need €10 billion more at the end of the current bailout (the second financial aid plan).

In Greek newspaper Proto Thema on Sunday 25 August, Stournaras said a third memorandum would not be needed, but rather economic aid without any preconditions. Greece's commitments already run until 2016 and it isn't possible, he said, to fix any new criteria.

After German Finance Minister Wolfgang...