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Greek PM Samaras (r) is likely to bring up the bailout issue at the EU budget summit (Photo: European People's Party)

Germany considering extra €10bn bailout for Greece

Germany is considering the use of extra eurozone bailout funds of up to €10 billion to finance a bond-buyback scheme for Greece.

"We all agree that the funding gap could be filled through a bond buy-back scheme," German finance minister Wolfgang Schaeuble told journalists in Berlin on Wednesday (21 November), after a 12-hour-long meeting of eurozone finance ministers failed to reach a compromise with the International Monetary Fund (IMF) on how to keep Greece afloat.

Schaeuble sai...

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Greek PM Samaras (r) is likely to bring up the bailout issue at the EU budget summit (Photo: European People's Party)

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