Greece
Economy
Wolfgang Schauble Waves Goodbye ‘Vindicated’ by Tough Bailout Policies
Wolfgang Schäuble says he feels vindicated by the results of often painful reforms carried out in exchange for EU loans in Greece, Portugal, Ireland and Cyprus.
In an interview with the Financial Times (FT); as he prepares to change jobs...
Greece
Varoufakis Causes a Stir with T-Shirt Message to Wolfgang Schäuble
Yanis Varoufakis stole the limelight during a speech at Patras on Wednesday night when he wore a t-shirt depicting a man on a wheelchair tramping over another man accompanied by the slogan: «It’s the economy stupid!»
The reference to German...
Economy
Wolfgang Schauble: Greece Bailout Not Guaranteed
German Finance Minister Wolfgang Schauble said Monday that the euro zone may not grant Greece a fresh bailout, unless the country can take the required steps to get its economy and finances in order.
"Unless Greece implements the necessary decisions...
Economy
German Ex-Finance Minister Schäuble Admits ''I Asked a Lot From The Greeks''
Wolfgang Schäuble, the former Finance minister of Germany and the current President of the German Parliament, gave an interview to Berliner Morgenpost newspaper on Monday in which he admitted that he ''asked a lot from the Greeks'' during the...
Greece
Schäuble Sought Grexit till End of 2016, says German FM Gabriel
The Greek debt crisis features strongly in the German election campaign as the social-democrats of SPD accuse their coalition partners of Angela Merkel’s CDU of undermining the EU.
On Tuesday, during the last session of the German Parliament prior to...
Economy
Fund Proposed to Hold 50 bln Euros of Greek Assets Is Controlled by German Fin Min Schauble
German Finance Minister Wolfgang Schaeuble proposed on Saturday that 50 billion euros of Greek public assets be transferred to an external fund and privatized over time. The fund he used as a suggestion, the Institution for Growth in Greece, is owned by...
Greece
Here's Schäuble's Grexit Plan Everybody Is Talking About; Full Document
The latest Eurogroup on Greece brought to light a document that many call "Schäuble's Plan for Grexit." In the document, German Finance Minister Wolfgang Schäuble offers his comments on Greece's proposal to the country's creditors.
German FinMin's bitter stance towards Greece essentially...
Economy
Schauble: Greeks Had Drawn Up 'Grexit' Plan
Disclosures surrounding the story behind the eurozone crisis and the Cannes G20 summit meetings between EU leaders and former Greek prime minister George Papandreou, as revealed recently in London's Financial Times, seem never to end.
With crucial European Parliament elections due in...
Economy
Schäuble Praises Greece's Surplus But Warns Work Still To Do
German Finance Minister Wolfgang Schäuble has acknowledged Greece’s progress but underlined that, unless Greeks continue their efforts, they won't achieve their goals. To accomplish that, he pointed out, Greeks should not get carried away by irresponsible promises from politicians.
According to Schäuble, Greece...
Economy
Schäuble Plans Credit Fund For Small Greek Businesses
The German Finance Minister Wolfgang Schäuble announced on Wednesday that discussions between the Greek coalition government and eurozone finance ministers concerning the financial support for small and medium-sized enterprises in Greece have already begun.
Mr. Schäuble, after the Eurogroup meeting...
Economy
Schäuble: 'There Will Be No Further Haircuts'
German Finance Minister, Wolfgang Schäuble seemed rather positive about “providing limited aid” to Greece, stating that this will not include a new “haircut” to the already existing debt.
"What we always said was that if Greece were to need further,...
Economy
Chatzimarkakis on Schäuble’s Visit to Athens
On the occasion of German Finance Minister Wolfgang Schäuble's visit to Athens, Jorgo Chatzimarkakis made a series of statements to the US business news channel CNBC as well as to Greek media.
Chatzimarkakis is a German politician of Greek descent,...
Greece
Schäuble Comes to Athens, Samaras Goes to Berlin
The Prime Minister of Greece, Antonis Samaras, will be in Berlin on July 3 to participate in the EU Forum on combating youth unemployment. During his stay, he will hold meetings with Chancellor Angela Merkel and other leaders.
German Federal...
Greece
Schauble: 'No Alternative' to Slashing Debt
Germany's finance minister said Friday there is "no alternative" to cutting debt in European countries, the day after the IMF chief called for Greece to be given more time to pare its deficit.
"There's no alternative to reduce in the...
Economy
German Finance Minister Schauble: "The Ball is Now in Greece's Court"
Greece's new government should stop asking for more help and instead move quickly to enact reform measures agreed to in return for previous bailouts from its European partners, German Finance Minister Wolfgang Schaeuble said on Sunday, June 24.
"The ball...