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Tag Archives: Die Welt

Samaras to meet Merkel in Berlin, Jan 8/2013

The German government said Friday that Chancellor Angela Merkel will meet Greek Prime Minister Antonis Samaras in Berlin next week.  Merkel spokesman Steffen Seibert said Merkel will welcome Samaras to the chancellery on Tuesday morning at 11:30 on January 8th 2013.  Seiber added that Merkel and Samaras will have an informal …

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Juncker Supports Idea of EU Commissioner for Greece!

I wouldn’t have thought that Eurogroup chef Jean-Claude Juncker would keep me busy with a second post today. However as he supports the idea of putting a European commissioner in charge of developing Greece’s economic structure, he deserves a few more sentences in my blog. Speaking to Die Welt German daily …

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Barroso Implies & Warns Greece with Euro-Exit

European Commission President Jose Manuel Barroso warned Greece that the debt-ridden country had to meet its commitments towards its Euro-zone partners, otherwise it might have to leave the EZ  as he implied. In an interview to German conservative daily «Die Welt»  Barroso stressed among others that the kind of aid to Greece …

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EU Task Force Reichernbach: Greece Hasn’t Reached The Bottom

Greeks should stop complaining and get ready for the worst.  That’s more or less the message sent by Horst Reichenbach, the chief of EU Task Force in Athens. Head of a team of 30 troop-members with the target to reform the debt-ridden state.  In an interview to German daily DIE WELT, Reichenbach …

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DIE WELT:Greek Minister considers Debt Restructure Inevitable

BERLIN (MNI) – Greece ultimately will not be able to avoid restructuring its sovereign debt, an unnamed Greek government minister told the German daily Die Welt in an interview to be published Tuesday. “The question is not anymore if we have to restructure but only when,” the minister told the …

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Greek Government: No eurozone Exit, no return to Drachma

Greek government dismissed scenarios that want Greece to exit the euro zone. Government spokesman Giorgos Petalotis said that the goals of the Greek government are to definitely remain within the eurozone and that there is no talking about returning to Drachma. Speaking to Greek radio REAL FM, Petalolits said: “Governmental …

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Why does Pimco want Greece out of euro zone?

As if we didn’t have enough daily problems to deal with, we have to get confronted again and again with the “Hey, big spender!”, i.e. global investors’ interventions in the euro zone and their false sermons on the debt-driven EU member countries.  After recent Nouriel Roubini’s proposal for a debt restructuring, …

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