German Finance Minister Wolfgang Schaeuble said on Tuesday that it was not in Greece's interest to question the involvement of the IMF in its bailout program, after the Greek prime minister said the global lender was not playing a constructive role.
"It is not in the interest of Greece to dispute the involvement of the IMF in the rescue programme. I do not know why it does so, possibly for political reasons," Schaeuble said.
"One million euros remain to be disbursed. Greece has not completed the prior actions and we criticise that. Many of my colleagues are not very happy that everything is done at the last minute with Greece, even though Tsipras finds this criticism unacceptable," he added.
In a sarcastic metaphor, Schaeuble said that, "The jug must not go to the well too often, until it breaks."
¨"Fortunately the German finance minister is labouring to keep the jug strong," replied government spokesperson Olga Gerovasili, asking Berlin to take a public stand against the hard line tactics of the IMF.
Alexis Tsipras accused the International Monetary Fund (IMF) of making unrealistic reform demands on Greece. Schaeuble was asked about the issue at a meeting of European finance ministers in Brussels.
Schaeuble, who has been critical of European Commission plans for a bank deposit guarantee scheme, also told reporters that this issue should only be discussed at a later stage. He said the scheme would cover cooperative and savings banks.
Source: Reuters-Thetoc
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