Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5986
    -0.0020 (-0.34%)
     
  • NZD/EUR

    0.5536
    -0.0007 (-0.12%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • OIL

    82.52
    +1.17 (+1.44%)
     
  • GOLD

    2,235.10
    +22.40 (+1.01%)
     
  • NASDAQ

    18,267.59
    -13.25 (-0.07%)
     
  • FTSE

    7,968.12
    +36.14 (+0.46%)
     
  • Dow Jones

    39,772.00
    +11.92 (+0.03%)
     
  • DAX

    18,504.79
    +27.70 (+0.15%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • NZD/JPY

    90.3950
    -0.3850 (-0.42%)
     

Germany's Schaeuble rules out 'big Greece crisis' this year

BERLIN, May 3 (Reuters) - German Finance Minister Wolfgang Schaeuble said on Tuesday that he did not expect a "big crisis" to erupt this year in Greece, which is in talks with lenders on concluding its bailout review to unlock new funds and debt relief.

"We will have no big Greece crisis this year," Schaeuble said, adding that the country was on its way to making visible progress. He did not elaborate.

Sources told Reuters on Monday that talks on concluding Greece's bailout review were progressing only slowly and no deal was likely at a special meeting of euro zone finance ministers on May 9.

(Reporting by Gernot Heller; Writing by Joseph Nasr)