Greece would struggle to find creditors outside EU and IMF: Germany
April 17 , 2015
The Greek government will struggle to find non-European creditors to bail it out of the debt crisis, Germany has warned.
Wolfgang Schaeuble, the German Finance Minister, indicated that Greece may run into difficulties if it sought help outside the IMF and EU from countries like China and Russia.
Fears over a debt default by Greece has led its borrowing costs to spike to 27%.
Greek Finance Minister Yanis Varoufakis has said that leaving the EU was not an option under consideration.