The German Minister of Finances Wolfgang Schäuble has argued that Greece needs “more time” for the final loan installment, hinting towards an extension of the current bailout program.

Mr. Schäuble made the comment on his way to the Eurogroup in Brussels and appeared confident that a solution for extra time would be possible.

According to the Minister, the Greek government must continue on implementing reforms, which are the reason behind the success of the past few years.