Weber denies mooting €80 billion figure for Greek bailout

weber

Axel Weber, the president of the Bundesbank, said late on Tuesday that he did not tell German lawmakers that Greece could need up to €80 billion ($107 billion) in support.

Susanne Kreutzer, a communications officer for the Bundesbank, told CentralBanking.com that following a speech in Mannheim, Germany, Weber had clarified that he had not put forward the figure of €80 billion. "I never made an assessment of the short or long term financing needs [of Greece]," Weber said. In referring to that fig

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