Wolfgang Schaeuble
Economy
German FinMin Was Reportedly Willing to Pay Greece €50 bln for Grexit
German Finance Minister Wolfgang Schaeuble was willing to offer Greece 50 billion euros to exit the Eurozone, according to Heard in Europe, a blog of EurActiv.
Heard in Europe cites a “high level official” who recently talked with Schaeuble. A French journal called...
Cyprus
Greek Gods Are Angry
The election of the Tsipras government has triggered a massive headache for the Eurogroup in fear it may inspire others across the Eurozone. They had to destroy it and dark forces lurking in the shadows put a devious plan...
Greece
Greek State Minister: Govt Priority Is the Completion of the Program
"SYRIZA's principles do not include a change of currency a la Schaeuble or Memoranda of the drachma," Greek State Minister Nikos Pappas said in an interview to "Efimerida ton Syntakton" on Monday, adding that "the Prime Minister will be the last...
Economy
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...
Economy
German Parliament Approves Greek Bailout Deal Negotiations
The German Parliament authorized the German government on Friday to engage in negotiations for a European Stability Mechanism bailout program for Greece.
439 lawmakers voted Yes, 119 voted No and 40 abstained. 50 lawmakers from German Chancellor Angela Merkel’s CDU/CSU coalition...
Economy
German Chancellor Merkel Defends Grexit Proposal
German Chancellor Angela Merkel defended the argument about a possible temporary Grexit speaking to her conservative parliamentary group ahead of the vote for Greece's third bailout on Friday, a source said.
"I think it's definitely right to think through and...
Economy
Five Reasons Germany Says No to Greek Debt Haircut
Germany insists on its refusal to write off part of Greece's debt, despite the fact that the International Monetary Fund (IMF) claims the debt is unsustainable.
German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble say that they would give...
Economy
German FinMin Schaeuble Still Supports Temporary Grexit
German Finance Minister Wolfgang Schaeuble admitted that the austerity package approval by the Greek Parliament is an important step that would lead to further negotiations. He stressed that the new bailout deal will be even tougher than before, while he...
Economy
German Media Focus on Greek PM Tsipras' Interview
“I take on the responsibility of signing a document I don’t believe in.”
That was one of the few phrases that Greek Prime Minister Alexis Tsipras said during an interview on Tuesday, which left an impression on some of Germany's biggest media outlets.
During...
Economy
Varoufakis Attacks Greece's New Bailout Agreement
Former finance minister Yanis Varoufakis said in parliament that the new bailout agreement proposed to Greece is doomed to fail, calling it " Versailles Treaty," and stated he will vote against it.
Varoufakis accused German Finance Minister Wolfgang Schaeuble of...