Wolfgang Schaeuble
Economy
Merkel Rules Out Second Debt Writedown in Greece as Too Risky
German Chancellor Angela Merkel rejected a second Greek debt writedown as officials weigh additional measures to prop up the bailed-out nation.
“I’ve said repeatedly that I don’t see a debt cut for Greece,” Merkel told reporters in Berlin today at...
Greece
Schäeuble to Visit Athens July 18
German Finance Minister, Wolfgang Schäeuble, will visit Athens on July 18 invited by his counterpart Yannis Stournaras, as he himself announced during talks at the Commission of the German Bundestag, the national Parliament of the Federal Republic of Germany.
Schäeuble...
Cyprus
German Parliament Backs Cyprus Bailout
Germany's lower House of Parliament voted overwhelmingly on April 18 to grant Cyprus a 10 billion euros ($13 billion) bailout to keep the island country's economy and banking system from collapsing because of bad loans and over exposure to...
Greece
Schaeuble Rejects WWII Reparations For Greece
German Finance Minister Wolfgang Schaeuble, a hardliner insisting on harsh austerity measures in Greece in return for international aid - much of it supplied by his country - said Greece will never reparations for damage inflicted by the Nazis...
Cyprus
Schaeuble: Cyprus is a "special case"
German Finance Minister Wolfgang Schaeuble has said savings accounts in the eurozone are safe, adding that Cyprus is a "special case" and not a template for future rescues.
In an interview with Bild newspaper published on Saturday, Schaeuble distanced himself...
Economy
Schaeuble Says Greek Credibility Returning
By continuing to implement harsh austerity measures, Greece is restoring faith from investors but must keep imposing tough reforms if it wants to keep getting international bailouts, German Finance Minister Wolfgang Schaeuble, who has been a hard-line, told a...
Cyprus
Schaeuble: Cyprus Bank Creditors Must Share Burden of Bailout
The euro zone stands ready to help bail out Cyprus but the burden must be shared by its financial sector otherwise the island's economy will collapse under its public debt, German Finance Minister told a Greek newspaper on Friday.
"The...
Cyprus
ECB Says Greek Condition Still Serious
Just as the Greek government has declared the country's recession, now in its sixth year, will recover by the end of the year, thanks to international bailouts and harsh austerity measures, comes a warning that the crushing economic crisis...
Economy
Schaeuble Tells Tsipras No Option to Austerity
German Finance Minister Wolfgang Schaeuble told Greek leftist opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras on Jan. 14 that there won't be any changes to the tough austerity program being pursued by the conservative-led government,...
Cyprus
Cypus Denies Money Laundering Hub
Cyprus, awaiting big international bailouts as for its banks to be saved after suffering huge losses when the Greek government imposed big hits on holders of Greek bonds, is not a hub for money laundering, Finance Minister Vassos Shiarly...