W. Schaeuble: Greece is recovering faster than expected

Greece is recovering faster than expected, German Finance Minister Wolfgang Schaeuble said on Monday and expressed his optimism over the country’s prospects.

Schaeuble, who was speaking at a conference on the sustainability of Germany’s fiscal condition, said that now he is more optimistic over Greece’s economic growth.

He stated that the crises may bring anti-popular fiscal decisions but underlined that this is the right way for budget stability.