BRUSSELS: German Finance Minister Wolfgang Schaeuble said that last-ditch talks with Greece on a new debt rescue needed to keep it in the euro zone will be “extremely difficult.” Schaeuble also crticized the government of Alexis Tsipras.
“We will have extremely difficult negotiations,” Schaeuble said as he arrived for an emergency meeting of euro zone finance ministers to decide whether the latest Greek reform proposals go far enough to merit a third bailout.
Schaeuble accused the leftist Greek government of Alexis Tsipras of completely destroying confidence among his eurozone partners and said Athens had to come up with more than words.
“At the end of last year we had hope but in the last months, this hope has been destroyed in an incredible way,” Schaeuble said.
“Definitely we cannot trust promises.”
Schaeuble added that in the detail of Greece’s proposals there were even bigger gaps than in talks on its two previous bailouts, negotiated in 2010 and 2012 worth 240 billion euros.
“Up until now we always talked about ending the program but now we are talking about a full three-year program,” he said.


