GERMANY: Finance Minister Wolfgang Schaeuble says unsure if euro zone finance ministers will meet on Cyprus at weekend

Record ID: 860386

  • Title: GERMANY: Finance Minister Wolfgang Schaeuble says unsure if euro zone finance ministers will meet on Cyprus at weekend
  • Date: 22nd March 2013
  • Summary: BERLIN, GERMANY (MARCH 22, 2013) (REUTERS) WIDE OF NEWS CONFERENCE WITH GERMAN FINANCE MINISTER WOLFGANG SCHAEUBLE AT ANNUAL "CUSTOMS NEWS CONFERENCE" REPORTER (SOUNDBITE) (German) GERMAN FINANCE MINISTER, WOLFGANG SCHAEUBLE, SAYING: (In last night's telephone conference of euro zone finance ministers) "We said once again what the conditions are for an aid programme in order to make a contribution towards managing Cypriot debt. This is apparently part of the discussions in Cyprus." CAMERAMAN (SOUNDBITE) (German) GERMAN FINANCE MINISTER, WOLFGANG SCHAEUBLE, SAYING: "I can't say in advance if and when Cyprus will deliver results so that the troika can say 'we now have a reason to deliberate." REPORTERS (SOUNDBITE) (German) GERMAN FINANCE MINISTER, WOLFGANG SCHAEUBLE, SAYING: "My wife too is asking me whether I am home this Sunday and the answer is: I don't know." WIDE OF PODIUM
  • Embargoed: 6th April 2013 13:00
  • Keywords:
  • Location: Germany
  • City:
  • Country: Germany
  • Topics: European Union,Economy
  • Reuters ID: LVA443D8ZRNAURK5XIT3DPYC4DEK
  • Aspect Ratio:
  • Story Text: German Finance Minister Wolfgang Schaeuble says he does not know whether euro zone finance ministers would meet at the weekend over Cyprus, adding this would depend on whether Nicosia had a plan to present to the troika of international lenders.

    German Finance Minister Wolfgang Schaeuble said in Berlin on Friday (March 22) that it was still unclear whether euro zone finance ministers would meet at the weekend over Cyprus
    Schaeuble said it was impossible to know "if and when Cyprus will deliver results" as the island state struggles to raise nearly 6 billion euros and secure an international bailout.
    Schaeuble told reporters that in last night's telephone conference of euro zone finance ministers, "we said once again what the conditions are for an aid programme in order to make a contribution towards managing Cypriot debt. This is apparently a part of the discussions in Cyprus."
    He added it was "not surprising" that Russia had not been able to meet some of the hopes of the Cypriot government.
    Talks in Moscow on a possible funding lifeline from Russia to Cyprus ended without result, the Russian finance minister said on Friday.
  • Copyright Holder: REUTERS
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