Wolfgang Schaeuble
Greece
ECB: Greece Set to Return to Growth in 2014
The Greek economy is likely to start growing again in 2014, a top European Central Bank official said in a newspaper interview released Friday.
"Greece will probably be able to show economic growth again in 2014," ECB executive board member...
Economy
Schaeuble Says Greek Debt Out of Control
German Finance Minister Wolfgang Schaeuble has sent a letter to the President of the German Parliament in which he stated that Greek debt will be higher than estimated in a recent Eurozone meeting that agreed to release 44 billion...
Economy
Bloomberg: Europe’s Plan C for Greece is No Better than Plans A or B
Europe’s leaders have reached Plan C in their efforts to rescue Greece. Unfortunately, it lacks a crucial element also absent in Plans A and B: adequate debt relief, according to Bloomberg΄s view.
The agreement between euro-area finance ministers and the...
Economy
Schaeuble Rejects Haircut On Greek Debt For Public Sector
German Finance Wolfgang Schaeuble reiterated his opposition to any haircut on Greek debt held by the public sector, speaking during a television interview on Sunday.
Schaeuble told German ARD public television that under national budget rules such a haircut would...
Economy
Schaeuble: 3 Greek Payments Due Show Need for Control
German Finance Minister Wolfgang Schaeuble said that with aid payments to Greece from the last three quarters due by year-end, euro-area governments need to come up with an enhanced “control mechanism.”
“You’ll run up three tranches by the end of...
Economy
No Eurozone Decision on Greek Aid Yet
Eurozone finance ministers will not decide at the Eurogroup meeting later on Nov. 12 in Brussels whether to disburse a badly needed 31.5 billion euros ($38.8 billion) loan tranche to Greece, German Finance Ministry spokeswoman Marianne Kothe said.
“We expect...
Economy
Schaeuble: Next Week May be Too Early for Greece Decision
Next week may still be too early to make a decision on granting further aid to Greece, German Finance Minister Wolfgang Schaeuble said on Thursday.
"We are not out of the woods with Greece yet," Schaeuble told an economics forum...
Greece
Roesler: Future Greek Aid Should Go Through Escrow Account
All future aid to Greece should be paid into an escrow account to ensure greater compliance with agreed plans, German Economy Minister Philip Roesler said Tuesday.
Repeating an idea first formulated by Finance Minister Wolfgang Schaeuble, Mr. Roesler said such...
Economy
German, French Finance Minister Push for Greek Solution in November
France and Germany will strive over the next four weeks to stop Greece from unsettling markets as officials work to put the country’s faltering bailout plan back on the rails, French Finance Minister Pierre Moscovici said.
Moscovici made his comments...
Economy
German Finance Minister Rules out Greek Debt "Haircut"
German Finance Minister Wolfgang Schaeuble ruled out public investors accepting a debt restructuring, or "haircut", on their Greek debt holding but said a debt repurchasing program could be considered.
"(A haircut) is a discussion that has little to do with...