Schaeuble
Economy
Schaeuble Was Ired By Haircut Talk
German Finance Minister Wolfgang Schaeuble, who sparked a fury of debate last week when he said Greece would need a third bailout package said he was motivated by irritation over constant talk Greece would have to impose losses on...
Economy
New Greek Aid Seen At 10B Euros
Speculation that Greece will need additional rescue aid for its economy is rapidly turning toward certainty with another European Union official acknowledging it seems inevitable and will be about 10 billion euros ($13 billion) to complement two bailouts totaling...
Economy
Dijsselbloem Says Greece Needs Aid
Joining a growing chorus of officials who said Greece will need another package of rescue aid, Eurozone chief Jeroen Dijsselbloem has acknowledged more financial assistance will be needed next year as international lenders have identified a hole of as...
Europe
Greece Dominates Merkel’s Re-election Bid
According to Deutsche Welle, one of Merkel's weak points is to rescue Greece. With this strategy the Social Democratic Party (SPD) attempts to recover in the polls. The election campaign has a lot to do with Greece.
Thirty-one days are...
Economy
Schaeuble Says Greece Needs 3d Bailout
German Finance Minister Wolfgang Schaeuble said on Aug. 20 during a campaign stop to help Chancellor Angela Merkel's re-election bid next month that two bailouts of $325 billion from international lenders to prop up Greece haven't worked and that...
Economy
Germany Repeats: No Greek Haircut
Hammering home a message repeated many times already, German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble said Greece will not be allowed to stiff international lenders with big losses the way it did to private investors, although critics...
Economy
Greece’s Surplus Could Help Default
Bloomberg columnist Megan McArdle isn't so rosy about Greece's surplus helping the economy and said it could actually pave the way for the country to default on its loans.
She noted that not paying back what it owes - some...
Economy
Schaueble Denies Hiding Greek Bailout Costs
German Finance Minister Wolfgang Schaeuble, whose country has insisted on harsh austerity measures in Greece in return for being the biggest contributor to $325 billion in two bailout loans, said that Berlin is not hiding the real costs to...
Europe
Greek Singer Mocks Schaeuble
"Greek Singer Mocks Schaeuble." That was the headline of a story in the German newspaper Bild which said it referred to a party in Mykonos where a singer named Antonis Remos made fun of the wheelchair-bound German Finance Minister...
Business
Greek Business Needs 20B Euro Shot
With Prime Minister Antonis Samaras touting Greece as a burgeoning "success story," and a recovery from a crushing economic crisis, a study for an investment fund has found the country needs a 20-billion euro ($26.27 billion) liquidity injection to...