Schaeuble: Greece Needs to Respect Its Agreements Despite Elections



wolfgang-schaeubleGerman Finance Minister Wolfgang Schaeuble called on Greece to move forward with the arranged reforms, noting in an interview with Bild newspaper that “any newly elected government must respect the commitments of its predecessors.”

“Greece has made huge progress since 2009. We must have more respect for the country,” said the German Finance Minister. “We will continue to assist Greece while it deals with the hard reforms,” he added, noting that the country’s debt situation will not change in the case of snap elections.

“The upcoming elections will not change the Greek debt. Each new government must respect the agreements made by its predecessors,” he repeated.

“However, if Greece chooses another direction, it will result in a difficult situation,” warned Schaeuble.


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