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DER SPIEGEL Exposes Schaeuble, Merkel on Euro-Referendum

German government insists to deny that Angela Merkel had suggested a euro-referendum to Greek president Karolos Papoulias on Friday. However, German weekly DER SPIEGEL supports the Greeks. The magazine insists that Merkel did indeed made such a proposal to Papoulias and added that the euro-referendum idea was brought at the table by German Finance Minister Wolfgang Schauel during the Euro Group meeting on May 14/2012 in Brussels.

Without naming information sources, DER SPIEGEL reports about the Euro group meeting:

“His Euro counterparts made clear to Greek Finance Minister Filippos Sachinidis how serious the situation was. “If we now make a secret vote on the fate of Greece in the Euro-zone, there would be an overwhelming majority against it,” warned Euro-group chief Jean-Claude Juncker, Greek Prime Minister.

The other participants went hard to court with  Sachinidis. In particular, the crisis countries Portugal and Ireland have criticized Athens: It is unacceptable that they would even go to great lengths to meet the requirements of the EU for the restoration of their budgets, while continually breaking promises to reform Greece. There were the Greeks, with their carelessness inserted again and again the fire of infection for the entire euro zone sparked, to other ministers.

Luxembourg Prime Minister Juncker said the election on 17 June is Greece’s “last chance”. Should it come about a government that would satisfy the conditions of EU, the International Monetary Fund and the European Central Bank, “then it’s over.”

At the meeting of finance ministers  Wolfgang Schäuble (CDU) brought the idea that a referendum on the fate of Greece in the monetary union, that could take place at the same time as the elections. With a “Yes” to Euro, Greeks would accept the austerity programme and measures, was Schaueble’s argument.

CDU/CSU parliamentary group leader Volker Kauder supported the proposal, according to the Union.

The plan was proposed by Chancellor Angela Merkel to Greek President Karolos Papoulias on Friday – however the federal government denies it.”

Why does the German government keeps denying the euro-referendum proposal? Because this would show that the leader of a sovereign state made a blatant intervention to the politics of another souvereign state. A huge and unacceptable diplomatic mistake.

Blame Papoulias for making it public? What should a president with limited duties do with such a proposal, especially when the country is ruled by an interim government, do other than forward it to those in charge – the leaders of the political parties?

Nevertheless, Greeks reacted very angry. Read more on the issue HERE

PS I wonder whether Merkel would fire her advisers….

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14 comments

  1. Btw, apart from the stupid controvery if Merkel relayed a proposal, proposed somehting herself, or ordered Papoulias around(which is what the Greeks distortedly made of the phone call), let’s not ignore that the important information in this story is that everybody is fed up with Greece, even the other struggling nations, and want them to leave. No support for any shenanigans anymore, if Greece can’t or won’t play by the rules, they have to revert to their own currency to fund their own course. There’s no leeway for any negotiations whatever, quite to the contrary, the others are only waiting for a good excuse to pull the ejection seat trigger for Hellas.

  2. Another example of the importance of paying attention to the details – a statement by the G8 leaders: “we affirm our interest in Greece remaining in the Eurozone while respecting its commitments”.

    The Telegraph shortens this in a headline to “World leaders push for Greece to stay in the eurozone”. Hmm. I’m not a linguist, but imho to “affirm interest” describes a quite passive stance towards a certain outcome, a mere desire, while “push” implies an action. Fact is, the world leaders are dong nothing to help Greece, they just would like the nation to stay in the Eurozone (because that would be in line with their own, different national interests), while not being bothered with the bill for this. That’s the level of support Greece enjoys nowadays. Better start discussing the design of the New Drachme banknotes now.

    • keeptalkinggreece

      many leaders have affirmed their support to Greeks recently. At the same time , pressure and interference in national matters (voters’ choise) is increasing. If they are respectloss, so they have to be treated.

      • Well, if you want to call those lip services “support”…
        With that, and about an euro for paper and a stamp, Papoulias can send one of them a letter begging for money.
        :-/

  3. keeptalkinggreece

    Ich werde Dir den Tisch machen = Lade dich zum Essen ein, Gray

  4. It’s mind boggling, utterly distracting, useless and pointless to spend so much time trying to ascertain if Angela Merkel suggested a referendum to the Greek president. We already have an abundance of national polls suggesting that nearly 8 in 10 Greeks want to remain in the Eurozone. The upcoming elections embody a referendum and its results will determine if a coalition of pro-memorandum political parties will have a healthy majority in the Parliament to govern Greece for the years to come.

    Some mass media outlets and some Greek political parties have orchestrated a campaign of distractions, fear mongering and a political blame game. It’s really easy to focus on endless, without real substance, high ratings generating televised debates among professional politicians. On the other hand, it’s real hard to find a realistic, well thought plan of actions designed to solve the dire economic problems Greece is facing right now. Let’s put a stop to fake dilemmas and to marginalize those who intentionally promote instability and uncertainty in the Greek markets and hurt our tourism.