Greece “will be saved in one way or another,” German Finance Minister Wolfgang Schaeuble told newspaper Welt am Sonntag yesterday, though the country must “do its homework.”
Euro-area finance ministers will convene in Brussels on Feb. 15 in an extraordinary meeting that was set after they declined in a special session on Feb. 9 to ratify the 130 billion-euro ($172 billion) package. Frustrated after two years of missed budget targets, the European authorities demanded Greek officials put their verbal commitments into law.
