Bild Sonntag and German Economy Minister

Sigmar Gabriel: We cannot simply send money there," the German Economy Minister Sigmar Gabriel told the "Bild am Sonntag" weekly, according to Deutsche Welle. He also admitted that a referendum on the aid package could be a possibility, as suggested by German Finance Minister Wolfgang Schäuble earlier this week. Greece is running out of cash and talks with Brussels have been deadlocked over the country refusal to cut wages and pensions and liberalize the labor market. "A third tranche of aid for Athens is possible only when reforms are implemented. The Christian Democratic Union parliamentary leader, Volker Kauder, also pointed at Greece unwillingness to cooperate and said Athens needed to demonstrate it was willing to implement what had been discussed. Grexit could be 'politically explosive' Greece Prime Minister Alexis Tsipras has been embroiled in extensive negotiations with the European Union, the International Monetary Fund and the European Central Bank over the last three months. German Finance Minister Wolfgang Schäuble has been openly critical about Athens' unwillingness to implement changes However, Kauder argued it was too early to consider a third package for Greece, since the EU and Greece international lenders were yet to release the last installment of the current economic package. (news.financializer.com). As reported in the news.