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

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: