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Schaeuble

Schaeuble Strikes Again: Greece Not Living Within Its Means

Germany is opposed to Greek debt restructuring, with the German Finance Minister Wolfgang Schaeuble amping up rhetoric opposed to such a scenario. Speaking at a bank conference in Frankfurt the German minister reiterated his belief that Greece will not face a...

EC Calls for Eurozone Budget Spending for Growth but Germany Sticks to Austerity Mantra

The German Ministry of Finance rejected the request of the European Commission that called on Eurozone governments to move towards fiscal loosening in order to inject growth and development. Though Germany was urged to move further away from its...

Schaeuble Crushes Debt Relief Hopes that Obama May Have Sowed

U.S. President Barack Obama's visit to Greece raised fresh hopes for debt relief that German Finance Minister Wolfgang Schaeuble rushed to quash. He said late on Tuesday that granting Greece its debt relief would not be helping the country,...

Greek PM Tsipras to France24: EU Partners Should Honor Obligations [video]

Speaking to French TV channel France24, Greek PM Alexis Tsipras said that Greece's creditors had to fulfill their promises. "We are the last bastion of stability amidst multiple crises in the region, and it is time Germany and the...

Yanis Varoufakis 'Bomb': Deal With Tsipras to Threaten Lenders With Grexit [Video]

New independent AthensLive , the crowdfunded and alternative media outlet, scored its first large scoop in a guerrilla interview with former Finance Minister Yanis Varoufakis. In his talk, he commented on some of his experiences with the leadership of...

Third Bailout Prospect Divides Greeks

German Finance Minister Wolfgang Schaeuble's public statements that Greece may need a third rescue package started a debate on the necessity and effects of additional aid to the country. The IMF estimated Greece needs between 8.25 and 10.5 billion euros...

Merkel, Rival Fight Over Greek Pollicy

German Chancellor Angela Merkel, a resounding favorite to win re-election on Sept. 22, found herself trying to defend her policy of propping up Greece with bailouts while her rival, Peer Steinbrueck said she was administering "deadly doses" of austerity,...

Most Germans Oppose Greek Aid

Some 61% of Germans oppose any more international loans - much of it coming from their country - for Greece, according to the results of the Political Barometer that was conducted for the ZDF TV channel. In case Greece needs...

Merkel: Greece Eurozone Entry Bogus

Apparently frustrated she spends a lot of her time defending why she's so tough on Greece - insisting on harsh austerity measures in return for her country's backing of international bailout loans - German Chancellor Angela Merkel said Greece...

Stournaras Sees New Bailout, Not Austerity

Greek Finance Minister Yannis Stournaras, who keeps revising the potential need for more aid for Greece, said if a third bailout is required that it would be for only 10 billion euros ($13 billion) and that there would not...