"We've set out to wrap up the decision on a new aid program for Greece. I'm confident"
- Wolfgang Schaeuble, German Finance Minister
Euro area finance ministers met in Brussels on Monday to discuss the second bailout package for Greece.
"We still have a bit of work to do," German Finance Minister Wolfgang Schaeuble said as he arrived for the meeting of euro area finance chiefs. "We've set out to wrap up the decision on a new aid program for Greece. I'm confident."
"We expect today [Monday] to close a long period of uncertainty that has not been to the benefit of either the Greek economy or the euro area as a whole," Greek Finance Minister Evangelos Venizelos told reporters in Brussels.
"Europe knows that what is of importance now is to send clear messages with decisions that are completed and implemented, with rules which are consistent and don't change all the time."
© Dukascopy Bank