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Schaeuble: first what has been agreed, then the tranche to Greece

German Finance Minister Wolfgang Schaeuble is once again toeing the hard line, arriving at the Eurogroup meeting, stating: first what has been agreed, then the tranche to Greece.

The German Finance Minister noted further that "it is not strange 'that Greece implements its commitments at the end of the agreed schedule."

The hard line of the German Finance Minister, was once again, ehoed by the Austrian Finance Minister Hans Schelling, who on arrival, said: "It is not a good thing, these delays in the implementation of reforms by Greece. We can not unlock the next tranches without fulfillment of the agreed '.

On his part, the Finance Minister of Slovakia, today's host, said that Greece has done a lot, but still has much more to do.

He confirmed that even in today's Ecofin  the creation of a European Fund to IMF standards will be put on the table. "We will discuss the creation of a toolkit for possible future crises", he noted adding that tax issues will also be the object of the Ecofin meeting.