Wolfgang Schaeuble, the Finance Minister of Germany, has stated that the individual sponsors will be given an option to contribute to the revival of the economy in Greece by pooling in money for the fresh bailout.

But he also made it clear at the same time that none of them would be forced to do so as the government did not have any intentions of giving rise to another credit disaster. He stated prior to the meeting in Luxembourg of the finance ministers of the Euro zone that the various groups who were at the bargaining ends of the plan were not varied in their opinions.

He also mentioned that the financial institutions were also very eager in finding a solution as soon as possible. He stated that though the administration would look for a voluntary way out but also mentioned that it would not be devoid of incentives. Both France and Germany have been reported to given consensus to an arrangement meant to tackle the debt crisis in Greece and with regard to the participation of private investors in the bailout.