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FM Stournaras Refuses to Comment on Additional Bailouts

Today, Greek Finance Minister Yannis Stournaras wouldn't comment on German colleague Wolfgang Schaeuble's statement, that the nation would require additional loans.

After exiting Maximos Mansion after a meeting with Prime Minister Antonis Samaras, the Finance Minister merely commented, "We put out a statement yesterday", according to Kathimerini.

Yesterday, the Finance Ministry issued the following statement, "As is known and was accepted at the last Eurogroup, Greece's funding needs are covered until mid-2015". It has been reported that Schaeuble claimed to Focus magazine that Athens will need "limited aid" once again.

The Finance Ministry added, "For the 2015-16 period the country's financing needs will depend to a great degree on the results of the bank stress tests that will be carried out by the European Central Bank on a pan-European level". Stournaras claimed he only discussed previous acts and the upcoming monetary aid administered by the IMF.

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