Bloomberg News

Schaeuble Says Must Avoid Uncontrollable Greece Development

February 15, 2012

Feb. 15 (Bloomberg) -- German Finance Minister Wolfgang Schaeuble said while Europe’s common currency will “not fail under any circumstances,” euro region governments must do everything to prevent a development in Greece that could become uncontrollable.

The euro region has made progress in the past two years to prepare for the possibility that the rescue of Greece might fail, Schaeuble also said in an interview with Germany’s SWR public radio today.

To contact the editor responsible for this story: Rainer Buergin at rbuergin1@bloomberg.net


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