August 18, 2012 / 2:57 PM / 7 years ago

German finmin: no new aid programme for Greece

BERLIN, Aug 18 (Reuters) - German Finance Minister Wolfgang Schaeuble said on Saturday that there were limits to the aid that could be granted to Greece and said the crisis-stricken country should not expect to be granted another programme.

“It is not responsible to throw money into a bottomless pit,” Schaeuble said at a government open day in Berlin. “We cannot create yet another new programme.”

Schaeuble also stressed that the euro was a stable currency and said there were no signs of inflation.

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