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Sigmar Gabriel

Schäuble Sought Grexit till End of 2016, says German FM Gabriel

The Greek debt crisis features strongly in the German election campaign as the social-democrats of SPD accuse their coalition partners of Angela Merkel’s CDU of undermining the EU. On Tuesday, during the last session of the German Parliament prior to...

Failing to Continue Greek Programme would be 'Irresponsible,' Gabriel Says

Failing to continue the Greek programme would be an "irresponsible action," Germany's Vice Chancellor and Foreign Minister Sigmar Gabriel said in an interview with the Greek newspaper "To Vima" published on Saturday. At the same time, he added, it was...

German Ministers Disagree Over 'Sending Wrong Messages to Greece'

German Finance Minister Wolfgang Schaeuble on Friday criticized his country's Minister of Foreign Affairs and Vice Chancellor Sigmar Gabriel for "sending wrong messages to Greece." On Wednesday, Gabriel met with Prime Minister Alexis Tsipras in Athens. He later made the...

German Fin Min: We are Not Responsible for Greece's Problems

German Finance Minister Wolfgang Schaeuble criticized Vice Chancellor Sigmar Gabriel for making the comment that Germany is partly responsible for Greece's financial problems. The comment was made during last week's visit of the German vice chancellor in Athens. "What Mr...

Greek Prime Minister Calls for a More Social Europe

Greek Prime Minister Alexis Tsipras on Thursday received German Vice-Chancellor and Economy Minister Sigmar Gabriel who underlined that his visit comes at a crucial time for Greece and Europe. Gabriel said that their discussion focused on investment possibilities in Greece and...

German FinMin's Hawkish Stance Toward Greece Continues

German Finance Ministry officials requested further clarification on the bailout draft agreement between Greece and its creditors, since there is "no clarity on the direction of policies," according to the German government. The three issues that mainly concern Germany, according to German Finance Minister...

German Chancellor Merkel Rules Out Debt Haircut for Greece

German Chancellor Angela Merkel once again rejected the possibility of a classic haircut for the Greek debt. In an interview with the German broadcaster ARD, Merkel dismissed one of the Greek government's main priorities. “A classic haircut, or adoption of 30%-40% of...

German Harvard Lecturer and SPD Member Resigns Due to Greek Issue

A German Political Science lecturer at Harvard University, who has also been a Social Democratic Party (SPD) member since he was 13, has decided to resign. SPD’s Yascha Mounk, became known in Germany due to a letter he sent to SPD chairman...

Fund Proposed to Hold 50 bln Euros of Greek Assets Is Controlled by German Fin Min Schauble

German Finance Minister Wolfgang Schaeuble proposed on Saturday that 50 billion euros of Greek public assets be transferred to an external fund and privatized over time. The fund he used as a suggestion, the Institution for Growth in Greece, is owned by...

Merkel-Tsipras: Greece to Present Proposals at Euro Summit- Sigmar Warns of Grexit

German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras spoke on the phone on Monday afternoon to discuss what comes next after Greeks unequivocally turned down a bailout deal on Sunday. The two premiers agreed that Greece will present its...