Schaeuble
Economy
Greek Loan May Be On Hold Again
The Italian news agency ANSA, quoting European officials, said Eurozone finance ministers are unlikely to again – for the third time – act on a long-delayed $38.8 billion loan installment for Greece when they meet in Brussels on Nov....
Economy
Samaras in Brussels, Merkel Says Loan Coming
Greek Prime Minister Antonis Samaras was in Brussels on Nov. 22 for the start of a two-day meeting of European Union leaders on the region's budget where he was expected to meet Eurozone chief Jean-Claude Juncker and push for...
Economy
Greek Loan Heads for German Parliament
With Greece still twisting in the wind and waiting for international lenders, including the Eurozone, to approve a long-delayed $38.8 billion loan installment, the German Parliament will put it to a vote next week.
Greek Prime Minister Antonis Samaras had...
Economy
Greece Seeks Loans to Pay Loans
Greece is living on borrowed money – at high interest rates – until its international lenders release a $38.8 billion loan, and will have to borrow money on Nov. 13 to pay previous loans until the money is disbursed.
Despite...
Economy
Troika Wants Greek Debt Restructuring
Greece would be allowed to impose losses on its public investors the same way it did to private investors in a desperate bid to write down debt, officials from the Troika of the European Union-International Monetary Fund-European Central Bank...
Economy
Germany Wants Greece to Cede Budget Control
As Greek Prime Minister Antonis Samaras tries to convince his reluctant coalition partners to go along with changes to labor rights – including the reported firing of 65,000 workers over the next three years – Germany has again raised...
Economy
Schaeuble Squeezes Stournaras to Stick to Austerity
As Greece prepares to lower the boom again on workers, pensioners and the poor to keep international aid coming, German Finance Minister Wolfgang Schaeuble has warned again that there can be no let-up in austerity measures and reforms.
The hard-liner...
Economy
Mouskouri Asks Schaeuble to Show Patience With Greece
Renowned singer Nana Mouskouri met with German Finance Minister Wolfgang Schaeuble in Berlin, not to talk about music, but the economic crisis besetting her homeland and the tough stance many German officials are taking, pushing more austerity measures.
This meeting...
Economy
Schroeder, Chatzimarkakis Want Greek-Bashing To Stop
Former German Chancellor Gerhard Schroeder, and a German Member of Parliament of Greek descent, Jorgo Chatzimarkakis, have called for politicians in their country to stop criticizing Greece’s effort to get out of its economic mess and to be pushed...
Economy
Pikramenos to Lead Soured Greeks Ahead of June 17 Elections
ATHENS – With the collapse of talks to form a coalition government in the wake of the May 6 stalemated elections that failed to give any party a mandate to rule, Greece has come under the temporary control of...