Schaeuble ‘Errs’ on Greek Euro Exit Proposal, Sapin Says

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German Finance Minister Wolfgang Schaeuble “errs” in his proposal to allow Greece a temporary exit from the euro region linked to a reduction of its debt, his French counterpart Michel Sapin said.

In an interview with Germany’s Handelsblatt newspaper, Sapin said while he has a “clear dissent” with Schaeuble on this point, he respects the German minister’s stance as Schaeuble acted out of conviction rather than tactical motivation.