Schaeuble's latest comments:
- Trust has been destroyed over the last months in an incredible manner
- Cannot only rely on promises
- Suggestions are far from being sufficient for third bailout
- Will be extraordinarily difficult negotiations
This guy desperately wants Greece out of the euro. This helps to explain why. (and this)
He's got some backing too. Here are comments from Slovakia's finance minister:
- Greek package is enough for second programme but not enough for third
- He sees huge problem with long-term sustainability of Greek debt
Austria's finance minister also said he saw a 60:40 chance of a deal but only if Greece guaranteed the reform measures would actually be applied.