Investors and euro zone-watchers were left scratching their heads Tuesday, after mixed reports on whether Europe was considering a third bailout for Greece.
On Monday, Spain's economy minister said euro zone countries were discussing a new rescue plan for the country worth between 30-50 billion euros ($33-56 billion) -- but European Union (EU) officials said there were no such talks.
Speaking at an event in Pamplona, northern Spain, Economy Minister Luis de Guindos said a third bailout would set more flexible conditions for Greece.
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However, the plot thickened when a spokeswoman for Jeroen Dijsselbloem, who chairs the Eurogroup of euro zone finance ministers, said there was no discussion of a new rescue plan, and senior euro zone officials agreed, Reuters reported.