Schäuble: Calmness in the Eurozone - Support to Greece under conditions

 In an interview with Reuters news agency, German Finance Minister Wolfgang Schäuble said the Eurozone debt crisis is in a calm state. "I do not see anyone that in the near future might need to be placed in the European Stability Mechanism. All the latest information demonstrates that not even Slovenia needs such a program," Schäuble said.
 
"Aid under conditions"
 
He also said that a new financial aid package for Greece is quite possible. "If after the completion of this program, the country needs financial aid, the Eurozone partners are willing to help under certain conditions. Nothing has changed on this." Schäuble rejected the criticism against the IMF and its role in the euro-solution program, particularly in regards to Greece. "We have strong reason to feel obligated to the IMF, having contributed greatly to enhancing the credibility in the markets of the European policy responses to the crisis."
 
Insisting on the intergovernmental agreement
 
On the matter of the conflict for the single liquidation fund of troubled banks, Schäuble sent a message of compromise to the European Parliament. "At the moment there are intensive discussions on issues of funding or timing for setting up the single liquidation fund of troubled banks and I'm sure we'll finally come to an agreement." In contrast, he seemed determined not to back down about the interstate agreement as the basis for the liquidation fund, which has caused huge controversy in the European Parliament. "We cannot build the banking consolidation in a precarious legal basis, this is a risk we do not want to take."
 
Source Deutsche Welle