France, Italy ‘On Right Path’ on Debt, Schaeuble Tells D-Radio
2015-05-24 10:44:02.387 GMT
By Stefan Nicola
(Bloomberg) -- German Finance Minister Wolfgang Schaeuble
says France cut new borrowing “considerably,” and like Italy
is “on the right path” when it comes to national debt.
* Schaeuble comments in interview with Deutschlandfunk radio
* Says “average new borrowing in the euro zone has been cut
in half in recent years. So we’re on the right path in
Europe”
* G-7 finance ministers to discuss Greece in Dresden May
27-29; says Greece must honor commitments, solve problems at
home
* Says Varoufakis’ job is “tougher” than his; says Greeks
“don’t need more warnings”
* EARLIER: Greek Interior Minister Says Govt Can’t Pay IMF in
June: ANA
* NOTE: Schaeuble Expects Conflict at Dresden G-7 Over
Austerity Policy
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Stefan Nicola in Berlin at +49-30-70010-6246 or
snicola2@bloomberg.net
To contact the editors responsible for this story:
Reed Landberg at +44-20-3525-7862 or
landberg@bloomberg.net
Stefan Nicola
2015-05-24 10:44:02.387 GMT
By Stefan Nicola
(Bloomberg) -- German Finance Minister Wolfgang Schaeuble
says France cut new borrowing “considerably,” and like Italy
is “on the right path” when it comes to national debt.
* Schaeuble comments in interview with Deutschlandfunk radio
* Says “average new borrowing in the euro zone has been cut
in half in recent years. So we’re on the right path in
Europe”
* G-7 finance ministers to discuss Greece in Dresden May
27-29; says Greece must honor commitments, solve problems at
home
* Says Varoufakis’ job is “tougher” than his; says Greeks
“don’t need more warnings”
* EARLIER: Greek Interior Minister Says Govt Can’t Pay IMF in
June: ANA
* NOTE: Schaeuble Expects Conflict at Dresden G-7 Over
Austerity Policy
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Stefan Nicola in Berlin at +49-30-70010-6246 or
snicola2@bloomberg.net
To contact the editors responsible for this story:
Reed Landberg at +44-20-3525-7862 or
landberg@bloomberg.net
Stefan Nicola