European Economic News

Greek FinMin Sees Need For EUR 10 Bln Additional Aid

Greece may need EUR 10 billion in additional financial support from its European partners, Finance Minister Yannis Stournaras said in an interview to a Greek newspaper on Sunday.

"If Greece needs further support, it will be around 10 billion euros," much smaller than the previous two programs, Stournaras told Proto Thema newspaper.

Greece has been bailed out twice by its European partners and the latest aid program will come to an end in 2014.

Meanwhile, German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble have strongly warned against discussions on a possible Greek debt write-down.

by RTTNews Staff Writer

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