Greece will probably not need to activate the aid program outlined by Eurogroup, German Finance Minister Wolfgang Schaeuble said German radio Suedwestrundfunk Friday Dow Jones Newswires reports.
"We still believe that the Greek are on the right track and that they might not have to assume the aid in the end," Schaeuble was quoted as saying.
He noted that in case Greece decided to get the EU backed loans, it "must pay the market interest rate. We cannot give any interest subsidy, this would cease the validity of the European Stability Pact."
For more: Greece Probably Won΄t Need Financial Aid-German FinMin - www.capital.gr
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