Sun | Jun 20, 2021

Greek finance minister hints at third bailout

Published:Monday | August 26, 2013 | 9:19 AM

The finance minister says the country may need a third bailout but stresses that it would accept any new austerity measures.



Yannis Stournaras says Greece would need about €10 billion if the situation arises.



Already, Greece has received two bailouts totalling about €240 billion.



German Chancellor Angela Merkel has warned about taking on more debt.



The German chancellor says this would be bad for the stability of the eurozone, which has seen a return in investor confidence after years of worrying about the future of the single currency following bailouts of several nations – most recently, Cyprus.



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