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Tag Archives: Schaeuble

Greek police arrest man suspected to have sent parcel-bombs to Papademos, Schaeuble & IMF

Greek police arrested a 29-year-old man suspected to have sent parcel bombs to former prime minister Lucas Papademos but also to ex German finance minister Wolfgang Schaeuble and the International Monetary Fund. The man was arrested as he was leaving his basement apartment in Attikis square district of Athens at …

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Schaeuble says Greece will soon be in a position to borrow from markets

Outgoing German Finance Minister Wolfgang Schaeuble was uncharacteristically positive in his recent comments regarding Greece, saying the country is on a “good path” and that critics’ pessimistic forecasts have not panned out. Schaeuble, who often played the role of the Euro zone’s “bad cop” in dealings with Greece over the …

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Schaeuble leaves behind a toxic non-paper about the future of the euro zone

German finance minister  Wolfgang Schaeuble left but not without leaving behind a legacy to his successor. In a non-paper, Schaeuble made his proposals on the future integration of the euro zone and the crucial role of the European Stability Mechanism. The ESM should increase its possibilities to support states threatened …

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Eurogroup says farewell to Schaeuble, first time Greece not on the agenda

It was the first Eurogroup meeting without Greece being on the agenda and the last Eurogroup meeting for outgoing German finance Minister Wolfgang Schaeuble. End of an era. End of the Schaeuble era. His colleagues paid tribute to the longest serving member. They signed on an European Union flag and …

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With FDP in German coalition, Greeks could miss old chap Schaeuble

Greece is closely watching the political developments in Germany as the new coalition government that will be formed will have direct impact on the Greek debt and the discussions about its relief expected to begin after conclusion of the bailout program in August 2018. Right after the exit polls on …

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UPS Schaeuble wants to allow EZ South to tap ESM for investment

German finance minister Wolfgang Schaeuble was always against a common European debt, against Eurobonds and new support programs for the European South. He seems to have made a U-turn. As expected not without strict measures and concessions. According to German daily BILD, Schaeuble is working on a proposal that would …

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German Economist Issing call on Euro-Sabbatical for Greece

Otmar Issing, former Chief Economist and Member of the Board of the European Central Bank and the German Bundesbank, brings back Grexit scenarios, demanding a Euro-sabbatical for Greece. In an interview with business news magazine Wirtschaftswoche, Issing warned of a new flare-up of the euro crisis. “The euro crisis is …

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Schaeuble blames the Greek government for pension cuts

German Finance Minister Wolfgang Schaeuble insisted that it is successive Greek governments to blame for the pension cuts that have been enforced in Greece and not the international or the European creditors. In an interview to newspaper TA NEA, has insisted in an interview that successive Greek governments were to …

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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 …

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Greek Gov’t: We are far from finding a solution at the Eurogroup on Thursday

It is usually German Finance Minister Wolfgang Schaeuble who claims pessimism on solution ahead of crucial Eurogroup meetings. This time – for a change – it is the Greek government. “We are far from finding a solution at the Eurogroup on Thursday, given that Germany has not taken any progress …

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