Wolfgang Schaeuble
Economy
EU Official: Greece Unable to Exit Bailout Without Assistance
Greece will not be able to exit its ongoing bailout program earlier than scheduled without an additional assistance package from its lenders, an unnamed senior European Union official stated according to Reuters. "A completely clean exit is highly unlikely,"...
Economy
German FinMin: No Bilateral Agreement on Further Support to Greece
Greece and Germany have not concluded to any new bilateral agreement on further support to Greece after the recent meeting of the Greek Finance Minister, Gikas Hardouvelis, with his German counterpart Wolfgang Schaeuble on Wednesday, clarified the Ministry of...
Greece
Hardouvelis – Schaeuble: We Should Find a Common Solution for Greece's Next Day
An hour-long meeting was held earlier today between Greek Finance Minister Gikas Hardouvelis and his German counterpart Wolfgang Schaeuble, on the sidelines of the OECD World Forum held in Berlin.
The two Ministers, amongst other, focused on the upcoming review...
Cyprus
ECB to Change Rules to Buy Greek, Cypriot Debt
The European Central Bank is set to change its rules to allow it to buy asset-backed securities with junk ratings issued by Greek and Cypriot banks.
The ECB’s executive board, meeting Thursday (2 October), is to propose that its requirements...
Economy
Dendias Discusses Lowering Tax Burden with Schaeuble
Greek Development Minister Nikos Dendias discussed possible tax reductions and ways to boost growth in the crisis-striken country with German Finance Minister Wolfgang Schaeuble at an official meeting in Berlin on Tuesday, state news agency ANA-MPA reported.
"We discussed a lot about...
Economy
Dijsselbloem: More Work Needs to be Done on the Greek Program
Speaking before the Eurogroup meeting in Brussels, German Finance Minister Wolfgang Schaeuble assured that there is no intention of modifying the growth and stability pact.
In his statement, Schaeuble stressed that there was a need for further stimulating growth in...
Economy
Schaeuble: Don't Expect Greece to Change Policy After Cabinet Reshuffle
German Finance Minister Wolfgang Schaeuble expressed confidence Wednesday that Greece will continue with its reform path following a cabinet reshuffle, and assured Athens that Berlin is willing to provide additional aid if needed.
"The change in the Greek finance ministry...
Economy
Schaeuble: Greece May Need More Help Past 2014
Disputing Greek Prime Minister Antonis Samaras' assertion the country is on the road to recovery from a crushing economic crisis, the country will need a third bailout of under 10 billion euros ($13.6 billion), German Finance Minister Wolfgang Schaeuble said.
Samaras...
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
Greek Firms Will Receive German Aid of 100 Million Euros
The Greek Finance Ministry reported on Tuesday that the German state will help small and medium-sized Greek firms secure access to funding by making available 100 million euros in loans.
These loans will help develop a Greek fund with 500 million...