Greece Nears Third Rescue Deal as Schaeuble Expresses Confidence

“The debt sustainability issue may hinder an agreement, but I hope it doesn’t come to that,” Maltese Finance Minister Edward Scicluna said.

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Greek Parliament Passes Bailout Agreement

Maltese Finance Minister Edward Scicluna said concerns about Greece’s long term debt sustainability could still block approval of the third package.

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Eurozone finance ministers decide on Greek bailout 

Malta’s Edward Scicluna is next to arrive — he tells the press pack that he favours reprofiling Greece’s debt (eg, extending payback dates) rather than a haircut on the face value.

And do you expect a short meeting, or a long one?

What I wish for, is that it’s not too long, Scicluna smiles hopefully.

Amen to that.

 

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– 16th August, 2015