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Greece Will LIkely Need Another Bailout

Writer's picture: OurStudioOurStudio

Germany's finance minister Wolfgang Schaeuble has said for the first time that Greece will need another bailout to plug a forthcoming funding gap.

His comments come at a sensitive time for his party as Germany will hold elections in five weeks' time.

German's are uncomfortable with the size of European country bailouts, for which they pay the lion's share.

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