German Finance Minister Wolfgang Schaeuble reiterated on Wednesday that time was running out for Greece, speaking at a press conference amid increasingly pressed efforts by Athens to achieve a better deal with its international creditors.

Sticking to a “hard line” on Greece, Schaeuble said that the leftist Greek government has stated time and again that it doesn’t want a third bailout plan.

Moreover, according to Reuters, the German FinMin said discussions on the Greek issue should not focus on the country’s debts but on how its economy cam regain competitiveness.

“Debt restructuring is not the issue but rather how the Greek economy can become competitive and regain access to financial markets,” he said.