Schaeuble sure about the package

German Finance Minister, Wolfgang Schaeuble is sure that the federal parliament of his country will approve an aid package that will be decided on Cyprus, clarifying, however, “that we are not yet at this point."

Before we talk about aid, we must discuss the causes of the problem, said Mr. Schaeuble in an interview to Passauer Neue Presse, referring to the "exorbitant banking sector of Cyprus and the allegations on money laundering”.