Wolfgang Schaeuble takes the podium in the Bundestag
- We must agree that we must help Greece
- Way toward helping Greece is very complicated
- 3rd program is the last attempt to solve Greek crisis
- Haircut is ruled out under European law (Eh? what did Greece get last time then?)
- Reality is that we need to find a way to help Greece get back to markets
- We need to find a realistic way for Greece to return to financial markets without a haircut
- We believe we can bring negotiations to a successful end
And he's done
A very animated Schaeuble
A German finance ministry spokesman pops up to say that there is now deadline of Greek negotiations and that we're talking about weeks at least