If Greece does not want to initiate substantial reforms, the eurozone will not guarantee the country new loans and will let it go into default. This is the warning of Wolfgang Schaeuble, German finance minister, who gave an interview to the Wall Street Journal the day after the controversy sparked by Berlin's proposal, which would like to commission Athens. Yesterday, Schaeuble's Greek colleague, Evangelos Venizelos, responded angrily to the attempt made by some "great nations" to force Greece to choose between "economic assistance and national dignity".
“Greece must decide – said Schaueble – if he doesn't take the right measures, there is no amount of money that can solve the problem. Maybe we and our partners will have to find tools to assist Greece even more closely in this difficult task”.
By March, the euro countries will have to decide whether to grant a second loan to Greece, which according to some forecasts will exceed the 130 billion euros initially estimated, to get closer to 145.
