Once again, German Finance Minister Wolfgang Schaeuble is talking with austerity about austerity in Greece. In an interview with German TV channel ZDF, he stressed that our country has not yet fulfilled its promises made in exchange for bailout funds and has not tried hard enough to fight the causes of the debt crisis.
Schaeuble compared Greece to Ireland and Portugal saying that “what caused crisis must be resolved. Ireland and Portugal are succeeding in this pretty well, while Greece isn’t.”
“Greece should try more to succeed in this, otherwise it won’t make it,” he continued. According to the German Minister, it is obvious that Greece has not tried enough so far and thus, they have to make more reform efforts “always with respect for the domestic political situation.” He also added that no one believes that Greece has fulfilled its promises.
As for American President Barack Obama who criticized Germany’s hard line on the Greek debt crisis, Schaeuble replied that the US President should “pay more attention to reduce the American deficit which is even higher than that of the euro zone.”
(Source: proto thema)
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