ATHENS/BERLIN (Reuters) - Greece admitted on Wednesday it will struggle to make debt repayments to the IMF and the European Central Bank this year as Germany's finance minister voiced open doubts about Athens' trustworthiness. A day after euro zone finance ministers agreed to a four-month extension of a financial rescue for the currency bloc's most heavily indebted member, Finance Minister Yanis Varoufakis gave a frank assessment of Greece's financial position. After interest payments this month of about 2 billion euros, Athens must repay an IMF loan of around 1.6 billion that matures in March and about 7.5 billion for maturing bonds held by the ECB in July and August. German Finance Minister Wolfgang Schaeuble, revelling in his role as the euro zone's grumpy paymaster, said no further aid would be paid out until Greece fulfilled the conditions of its bailout programme.
via Business News http://ift.tt/1zHGJCS
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