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Schauble

German Ex-Finance Minister Schäuble Admits ''I Asked a Lot From The Greeks''

Wolfgang Schäuble, the former Finance minister of Germany and the current President of the German Parliament, gave an interview to Berliner Morgenpost newspaper on Monday in which he admitted that he ''asked a lot from the Greeks'' during the...

German Press Reports Defend Greece Following IMF Report

The German press is filled with extensive commentary concerning the International Monetary Fund's (IMF) report on Greece that was released on Friday. The report recommends a reduction in pensions while reiterating the IMF's position on relief needed to ensure...

Schaeuble Says Greek People, Not Banks, Benefited from Bailout

German Finance Minister Wolfgang Schaeuble appeared upbeat on Greece at a conference hosted by Deutsche Bank on Friday. He said that Greece had implemented the majority of required measures under the bailout package and was headed towards regaining global...

Yanis Varoufakis: "Schauble Told Me He Wants Grexit, This Is No Theory"

Former Greek finance minister Yanis Varoufakis just revealed that German Finance minister told him that his plan for Greece is to leave the euro. Greece never had a chance for success to reach an agreement writes Varoufakis on his blog. Varoufakis' statement...

Jeroen Dijsselbloem to Greece: Review Taking Too Long

Eurogroup chief Jeroen Dijsselbloem wasn't mincing any words, following Monday's Eurogroup meeting. "I'm sorry to say that the review is not yet concluded, and further work is needed in Greece before the Troika can return to Athens," said Dijsselbloem in a news...

Schaeuble Says No Third Bailout for Greece

German Finance Minister Wolfgang Schaeuble, who has continually been warning Greece to impose more austerity measures and make more spending cuts, said there will be no third bailout for the cash-strapped country. Greece is surviving on a first series of...

Merkel and Sarkozy Urge Greece to Take Action as Default Risk Grows

ATHENS – Greece is nearing the cusp of defaulting on its loans and going under because its political leaders have failed to implement structural reforms as promised, a memo from the International Monetary Fund has warned, leading French President...

Oct. 13 is D-Day (Decision, Not Default) for Greece

ATHENS -  Greece will know on Oct. 13 whether international lenders will release an $11 billion loan installment needed to keep the country from going bust and unable to pay its workers and pensioners, German Finance Minister Wolfgang Schauble...