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Tag Archives: Schaeuble

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. …

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Schaeuble: “I have never made Grexit threats”

German Finance Minister Wolfgang Schaeuble denied on Sunday that he had said Greece would have to leave the eurozone if it failed to implement economic reforms. In an ARD television interview, Schaeuble that Greece would not have problems if it implemented agreed reforms, but would if it fails to carry …

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“Grexit” becomes central in Germany’s elections campaign

Greece debt crisis has become a central issue in the German elections campaign. Even parties sunk in oblivion in recent years try to win votes by throwing the bait “Grexit” into the open mouths of conservative and neo-liberal electorate. “Greece should leave the euro zone and then be given debt …

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Schaeuble: Greece must leave the Euro to win a Debt Cut

 German Finance Minister Wolfgang Schaeuble warned Greece Wednesday night “to fulfill its reform commitments, otherwise it would have to leave the Eurozone.” Speaking at a talk show at the German state ARD TV, Schaueble said also that pressure on Greece must be maintained.” “They are not over the mountain, therefore …

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Greek Minister urges Schaeuble to leave the Euro zone

“If Schaeuble continue this policy then we will see bilateral agreements between countries of the [European] south, there is no other. Discussions between the French, Spanish, Portuguese and Greek diplomacy are already on the way. We do not cede the euro to anyone, if Germany wants this then Germany should …

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German elections go Greece: Gabriel slams Merkel/Schaeuble on austerity

The elections campaign has officially started in Germany. The Social-Democrats (SPD) with top candidate Martin Schulz challenge the conservative Christian-Democrats (CDU) of Angela Merkel and Wolfgang Schaeuble. While it seemed that the former President of the European Parliament Schulz would have it hard to challenge the Chancellor, the results of …

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Greece, go figure! IMF: Debt not sustainable ESM: Debt Sustainable

Is the Greek debt sustainable or not? Opinions and approaches differ. The International Monetary Fund insists that the Greek debt is not sustainable, the Eurozone’s Fund European Stability Mechanism insists that the Greek debt is sustainable. Greece has three weeks to deal with ‘potentially disastrous’ debt, the IMF said adding …

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Schaeuble: “Greece has not implemented in full the agreement”

“Greece has not implemented in full the commitments it made towards the creditors.” So simple. So cruel. So predictable. German Finance Minister Wolfgang Schaeuble chew his teeth, spit them out in front of the reporters. “However, time has become more pressing and [Greece] has to do it. The difficulty lies …

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