So far, Germany has gained 400 million euros from the Greek crisis, Evangelos Venizelos said today in an interview for the weekly Der Spiegel. Up to now Venizelos said, the German goverment borrows money “for almost free” and then lends Greece money at a fixed rate.
Schauble Is My Friend
Venizelos said that after months of working together, he and the German Finance Minister are friends, and this friendship led to different priorities and views.
We Might Need a Third (!) Package
The former Minister of Finance and the PASOK leader didn’t not rule out that the country may need a third rescue package to solve the financial crisis.
“We have the commitment of all members of the Eurozone that we will receive the necessary help until we can regain access to private money,” said Venizelos. “This also ensures that all countries will receive the money they have provided and that Greece will remain a member of the single currency. We are now in the most critical phase of the rescue of our country,” he stressed.
The Game Is Not Over
“The game is not over,” he said, pointing out that his nation is now facing a long and difficult road. He added that he wants to make Greece a symbol of hope, credibility and professionalism again.
Asked about the hard demands of Germany on his country, Venizelos responded diplomatically saying, “Everyone involved should be clear that we talk about numbers and reforms, but behind them there are real people’s lives.”
(Sources: Ta Nea, www.thestocktradinginvestment.com, To Vima)
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