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Tag Archives: interview

Roubini: Greek Euro Exit Would Destroy the Euro

Economist Nouriel Roubini, the man who had been pushing Greece to exit the euro area for two consequent years, made a U-turn. “Stop supporting Greece would cause the euro zone to collapse” Roubini said in an interview to German daily BILD. He warned that a Greek exit would also trigger …

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Tsipras to CNN “Austerity Will Send Us to Hell” (video)

“Austerity will send us directly to hell” That was the main message of Alexis Tsipras, leader of left-wing SYRIZA to an American and international audience. Speaking to CNN’s Christiane Amanpour, Tsipras used the chance also to address German Chancellor Angela Merkel openly accusing her of “having put the euro and …

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German FM: Greeks with Retsina under Olive Tree? A Cliche…

 Guido Westerwelle, German Foreign Minister, from neo-liberal Free Democrats Party (FDP) came to his senses. He apparently realized that the populists policies of FDP cannot save his party from the free fall*.  After two years of sharp criticism towards Greece and while FDP chief Philipp Roesler  finally found another playground …

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Rehn: Greece Joining the Euro in 2001 was a Big Mistake

“Greece’s participation in euro zone was a big mistake.” Instead of baking Easter cookies and paint some eggs, European Economic and Monetary Affairs Commissioner Olli Rehn made some EU soul searching and came to this thoughtful conclusion. Ten (whole) years after. “European decision makers need to be cautious and the euro zone …

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Greek PM Papademos Does Not Rule Out 3rd Bailout Package

Greece’s Prime Minister Lucas Papademos said on Friday the country was making every effort to avoid a third bailout package but said he could not rule out the need for one. “Some form of financial assistance might be necessary but we have to work intensely to avoid such an event,” …

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BBC – Merkel Interview: Eurozone Must Avoid Greek Exit

German Chancellor Angela Merkel told BBC that it would be a huge political mistake if  debt-ridden Greece was allowed to leave the eurozone. In an exclusive interview to British broadcaster, Merkel warned that the eurozone would be “incredible weakened” without Greece. She openly said that Greece has still “a long and …

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German FinMin to Greeks: “Elections is your Right, But Fulfil the Agreement is your Duty”

Over the weekend German Finance Minister Wolfgang Schaeuble gave two interviews about Greece. One to Greek daily To Vima and one to Italian La Republica. To the Greek daily he said that Germany is ready to do whatever it takes to help Greece and stressed the proposal to send German tax …

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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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German FinMin: Blatant Intervention in Greece’s Democratic Procedures

The boldness of some EU so-called “partners” of Greece has apparently no limits. Just hours before the Eurogroup teleconference on Wednesday evening and after conservative coalition partner Antonis Samaras sent his written commitments to the country’s lenders, German Finance Minister Wolfgang Schaeuble made a blatant intervention in Greece’s democratic procedures. …

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German BOSCH-Manager Wants Greece Out of EU and the EURO

A German manager wants to see Greece out of the European Union and the Euro zone. Greeks might want to see German products out of Greece. German manager might lose his job for failing to meet sales targets. German manager will blame Greeks for losing his job. Solutions needed here…  The head of …

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DER SPIEGEL: Juncker Does Not Exclude Greek Default

While dramatic negotiations are taking place between the Greek government and the Troika in Athens, Jean-Claude Juncker, the head of the Eurogroup, used a German magazine to put more pressure on Greece. In an interview to Der Spiegel, Juncker warned there there will be a default on march, shouldn’t the …

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Lagarde: No Satisfied with Greece’s Reforms

International Monetary Fund Managing Director Christine Lagarde said that she’s not satisfied with the progress Greece has made on structural reform. “We’re not terribly positive about what has been done but we want to put together a program for the country,” Lagarde said in an interview with Bloomberg Television from …

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German CDU Kauder: Greece should be Placed under Guardianship

German member of the Bundestag, leader of the Christian Democrat Union parliamentary group and close aide to Chancellor Angela Merkel made a shocking proposal. To place Greece under guardianship! Speaking to SPIEGEL-ONLINE, Kauder threatened Greece with a payment stop and if necessary the country should be placed under EU guardianship. …

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Reichenbach: “Greeks Cannot Take More Sacrifices”

“Greeks have undergone great sacrifices and Greece can not continue with this strategy.” Horst Reichenbach, head of European Commission’s Task Force, was revealing while he was talking at an event organized by the Board of Commerce and Indtustry of Athens (EBEA). He noted that at the centre of the action of Task Force were …

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Greek PM Papademos: Abandoning the Euro Isn’t an Option

 In his very first interview since he took office, Greece’s Prime Minister Lucas Papademos talked about the challenges the country faces and categorically rejected an exit from the euro zone and return to drachma. Speaking to US-network CNBC, Papademos  said he was confident that the country would avoid a default …

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