Eurozone governments will have to reassess the progress of Greece's reform agenda mid-next year. This was stated by a spokesman for the German Finance Ministry. “We are halfway through the current programme. We are in August 2013 and certainly we will have to see where we are in mid-2014, what the conditions will be and if the program will be completed,” said the spokesperson.
Yesterday, German Finance Minister Wolfgang Schaeuble declared, for the first time explicitly, that a new support programme, the third, will be needed for Greece, although today the ministry spokesman denied that these declarations represent a change of line of government of Berlin.
