BERLIN (MNI) – Germany categorically has ruled out a further
restructuring of Greek sovereign debt, German Finance Minister Wolfgang
Schaeuble said in a radio interview aired Sunday.

German weekly Der Spiegel reported over the weekend that the troika
of the European Commission, the European Central Bank and the
International Monetary Fund had called for a new haircut on Greek bonds
which would also force public creditors to write-off Greek debt.

“That is a discussion which has little to do with the reality in
the member states of the eurozone,” Schaeuble told German public radio
Deutschlandfunk.

The minister, though, raised the possibility of a debt buy-back
program for Greek sovereign bonds in the secondary market.

–Berlin bureau: +49-30-22 62 05 80; email: twidder@mni-news.com

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