Debt cut for Greece not on agenda for now, Schaeuble says

Greece must press ahead with implementing its reforms-for-aid program and become more competitive, German Finance Minister Wolfgang Schaeuble was quoted as saying, adding that debt relief for Athens was "currently" not on the agenda.

Eurozone finance ministers and the International Monetary Fund reached an agreement on Greece in June, paving the way for new emergency loans for Athens while leaving the contentious issue of debt relief for later.

Asked in an interview with the newspaper Mannheimer Morgen if he could envisage a partial cut in debt for Greece, Schaeuble said, "That's currently not on the agenda at all."

Chancellor Angela Merkel and Schaeuble do not want to discuss any details of debt relief for Greece before federal elections on September 24, in which the far-right euro-skeptic AfD party is forecast to enter parliament for the first time.