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Prolongation of aid programme for Greece out of question right now

June 27, 2015, 23:06 UTC+3

EU prepares to roll up its sleeves to prevent collapse on the financial markets

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BRUSSELS, June 27. /TASS/. Prolongation of the aid program to Greece is out of the question in the current conditions, Germany's finance minister Wolfgang Schaeuble said on Saturday in the wake of a collapse of talks between the Eurogroup and Greece on untangling the latter country's sovereign debts.

He also said the EU was prepared to roll up its sleeves for preventing alarm on the financial markets that might arise in connection with the events around Greece where Prime Minister Alexis Tsipras passed a decision to hold a nationwide referendum on July 5 so as to find out the people's attitude towards the belt-tightening measures demanded by the creditors.

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