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Schaeuble Shows Sympathy for Greeks' Plight

German Finance Minister Wolfgang Schaeuble said he felt great sympathy for the people of Greece in their efforts to restart their economy and put their finances in order, in an interview to be published Sunday.
“I very much empathize with the Greek people,” Schaeuble told the Berlin daily Tagesspiegel, after sharp criticism of his comment that Greece should not hold early elections.
In a radio interview on Wednesday, Schaeuble had said: “Who will make sure that after the elections, for which the Greek parties have opted in April – and I find that very questionable – who will ensure that Greece will stand by what we have now agreed,” Schaeuble said.
Greek President Carolos Papoulias tore into Schaeuble over the remarks.
“I do not accept having my country taunted by Mr Schaeuble, as a Greek I do not accept it,” Papoulias said.
Schaeuble told the Tagesspiegel: “The large majority of those hit by the reforms and austerity measures – and let me express my great respect for them – are not responsible for the backlog of reforms, the loss of competitiveness or the unproductive use of funds in the past”.
But Schaeuble also said that while Greek anger and indignation about lower minimum wages were understandable, they would still be “about on the same level as those of Spain”.
And “what should people in eastern Europe and the Baltic countries say where the minimum salary is still much lower, but which also contribute to help Greece?” he added.
(source: AFP)

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