At the moment, the troika and Greece have to determine whether Greece has fulfilled the conditions for the payment of the final tranche of the current program, then we have to see what is necessary for next year after the current program has expired. Greece is in a better position than we assumed two years ago but it needs support on financial markets, so the thinking is in terms of a precautionary credit line, with certain conditions attached.

More Quotes by German Finance Minster Wolfgang Schaeuble