Germany’s Schaeuble rules out Greek debt haircut -magazine

German Finance Minister Wolfgang Schaeuble ruled out another debt restructuring for Greece in a magazine interview, rejecting a suggestion from a Greek opposition party that Europe should cut or cancel a big chunk of the country’s debt.

“That’s out of the question,” Schaeuble said, according to an advance excerpt of the interview due to be published in German newsweekly Der Spiegel on Saturday.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.