Bundesbank’s Buch casts doubt on Greek debt relief as talks end

Claudia Buch

Deutsche Bundesbank deputy president Claudia Buch has declared debt relief for Greece a "complicated undertaking", just days after the IMF stressed it was a necessary condition for a future bailout.

In an interview with German newspaper Börsen-Zeitung on August 1, with a translation by the Bundesbank published today (August 5), Buch pointed to the no-bailout clause of the Lisbon Treaty: "The Union shall not be liable for or assume the commitments of central governments."

Granting debt relief wou

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: