Schaeuble rules out ‘big Greece crisis’ this year

German Finance Minister Wolfgang Schaeuble said on Tuesday that he did not expect a "big crisis" to erupt this year in Greece, which is in talks with lenders on concluding its bailout review to unlock new funds and debt relief.

"We will have no big Greece crisis this year," Schaeuble said, adding that the country was on its way to making visible progress. He did not elaborate. [Reuters]