German finance minister says Greece will need another aid program
German finance minister Wolfgang Schaeuble has said that Greece will need another aid program, saying that the first was "unique".
Initial reports from Bloomberg suggested that Schaueble believed another program would not be necessary.
Classic day in euro loony land with Bloomberg's help
— deltahedge (@minefornothing) August 20, 2013
This is a bit of a surprisegiven coming elections in Germany and negative attitudes among voters towards Germany bailing out other Eurozone nations.
Schaeuble said that it is "dangerous" to think that incumbent Chancellor Angela Merkel has already won her re-election.
Schaeuble Says Germany Euro Exit Would Be ’Great Catastrophe’ // Yes, for the small €-fanatic elite that is.
— Dick Darlington (@Darlington_Dick) August 20, 2013