Schaeuble
Economy
German Officials Gang Up on Greece: More Austerity or Else
ATHENS – Just as it appeared Socialist leader Evangelos Venizelos might be able to form a shaky coalition government, another feud broke out between political leaders. German officials also said Greece would not get any more money from international...
Economy
Banks Want Technocrats to Run Greece, Not Politicians
ATHENS – As Greeks were set to vote on May 6 for a new government that could be another coalition administration, the country’s international lenders said if a stalemate results, that if a fragmented coalition government is elected without...
Economy
IMF Chief, Germany, Getting Tough With Greece
Greece should not be complacent now that it’s getting a second bailout to prop up its failed economy, International Monetary Fund chief Christine Lagarde and German Finance Minister Wolfgang Schaeuble – a constant critic – have warned in a...
Economy
Troika Says Greece Will Need Third Bailout by 2015
ATHENS – The ink isn’t dry yet on a second bailout to save Greece – this one for $172 billion after a first for $152 billion didn’t slow the country’s slide toward default, but the international lenders putting up...
Economy
Troika in Greece to Stay; EU Insists on Bailout Chief
ATHENS – Greeks had better get used to the idea of the international lenders coughing up the dough to keep the country from defaulting sticking around as officials of the Troika of the European Union-International Monetary Fund-European Central Bank...
Economy
Papademos Gave Up Salary, Rejects Bailout Commissioner
ATHENS - Greece’s interim Prime Minister Lucas Papademos says he gave up his salary as soon as he was appointed three months ago – President Karolos Papoulias did so earlier this month, relinquishing his annual $400,000 pay. Papademos made...
Economy
Eurozone Chief Wants EU Oversight of Greece
ATHENS – While Greece has passed more austerity measures to give guarantees for a second bailout of $172 billion to keep the country from defaulting, mistrust among leaders of the international lenders hasn’t abated, with Eurozone chief Jean-Claude Juncker...
Economy
Greek Parliament to Vote on Second Bailout
ATHENS - The German Bundestag has given its approval to a $172 billion second bailout of Greece as part of a deal worked out with international lenders after Chancellor Angela Merkel said it would be irresponsible for Europe to...
Economy
Eurozone Chief Says Greece May Need Third Bailout
ATHENS - With the ink still not dry on a second bailout for Greece - this one for $172 billion to go along with a first ongoing series of $152 billion in rescue loans to keep the country from...
Economy
Greece's President Gives Up Salary; Blasts Germany's Position
ATHENS – Watching Greeks having their pay cut and taxes hiked on orders of international lenders to keep rescue loans coming, President Karolos Papoulias said he will give up his annual salary of 300,000 euros, some $392,000, and blasted...