Thursday , November 23 2017
Home / Tag Archives: eurozone

Tag Archives: eurozone

Economy Minister: Schaeuble’s resistance to debt relief raises questions about Eurozone structure

Greek Economics Minister Dimitris Papadimitriou has accused German Finance Minister Wolfgang Schaeuble of being “dishonest” by blocking debt relief for Greece despite his acknowledgement that Athens has implemented significant reforms. Papadimitriou told German newspaper Die Welt in an interview published on Thursday that Schaeuble first had acknowledged that Greece had …

Read More »

Poland FM Waszczykowski: Greece is Germany’s ‘de facto colony’

“Poor Alexis Tsipras”,  “Greece’s debt relief is hostage to Berlin’s elections politics”, “Greece is Germany’s de facto colony.” Based on an interview with Polish Foreign Minister Witold Waszczykowski, where he explains why Poland does not want to join the Eurozone, Politico EU writes, among others: From the beginning of the …

Read More »

Greece reaches deal with creditors: “Now negotiations for debt relief,” says Tsakalotos

From Monday afternoon till Tuesday dawn of Tuesday, Greek government and creditors’ representatives sat in Hilton hotel for the fine touch on outstanding issues. The results is an additional austerity measures package without extra financing. This practically means a two-year extension of the bailout agreement Greece and the European creditors …

Read More »

Juncker says further pension cuts ‘bad advice”, calls on Eurozone to draw up debt relief measures for Greece

European Commission President Jean-Claude Juncker urged euro zone countries to draw up more debt relief measures for Greece next month. He said that Athens needed help after making “huge progress” in its economic reforms. “Further pension cuts is a bad advice,” Juncker said. In an interview to Greek economic news …

Read More »

Who ruined the EU? Blame Ancient Greece god Zeus…

Who is to blame for ruining the European Union? According to a list published day, twelve people and ‘things’ are to blame for having ruined the EU. No, Greece as such is not on the list. But Zeus, the top god of Ancient Greece tops the list. And another Greek. …

Read More »

Tsipras: Europe is not defending own accomplishments, has surrendered to the IMF

Europe is not defending its own accomplishments, its heritage and social model and has surrendered to the International Monetary Fund (IMF), which explains its existential crisis, Prime Minister Alexis Tsipras said on Thursday evening, addressing an event organized by the Transform! Europe network, in Rome’s “La Sapienza” University. “We are …

Read More »

The Week: America is turning Puerto Rico into Greece

I can’t help but remember German Finance Minister Wolfgang Schaeuble every time I read somewhere the word “Puerto Rico.” In 2015, Schaeuble offered  US-Treasury Secretary Jack Lew swap burdens of Puerto Rico with those of Greece. Would the swap have been a good deal for Germany and the Eurozone? Hardly. …

Read More »