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Schaeuble’s miffed: ‘If they don’t want my help, so be it’

“Nobody forced Greece to enter a fiscal aid program”, German FinMin Wolfgang Schaeuble roared during the G20 meeting in Istanbul, fondly known as Constantinople during the Byzantine millennium.

 

Schaeuble said he does not yet understand how the new Greek government will be able to handle its problems.

 

Greek gov't bonds fall on short-term financing refusal

Greek government bonds declined on Friday, with three-year yields rising the most in a week, as the chair of the euro area?s finance ministers? group said governments won?t grant a request by Greece for short-term financing.

?Nobody knows where this is going,? said Peter Schaffrik, London-based head of European rates strategy at Royal Bank of Canada.

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