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Search Results for: Varoufakis

Creditors want permanent austerity – till the end of Greeks’ days

Did the Euro Working Group give ultimatum No 2,456,979,579 to Greece to comply with creditors’ additional austerity demands? It is not clear. Some European Commission “unnamed sources” told Reuters “it did”, others say “it did not.” Greek media reported that “Greece had 6 working days to present convincing measures that …

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Greece’s representative to IMF resigns unexpectedly

Greek representative to International Monetary Fund and one of the Fund’s  alternate executive directors Thanos Catsambas unexpectedly resigned on Wednesday. Greek media speculate whether Catsambas’ resignation has anything to do with the visit of Finance Minister Yanis Varoufakis to IMF last Sunday. Effectively Thanos Catsambas will step down from his …

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German coalition government crumbles over Greece

Οne day after the resignation of CSU vice chairman Peter Gauweiler, German coalition government seems to be seriously jeopardized by the now open dispute between Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble over Greece. In an interview to a German newspaper, Schaueble not only blatantly declared his naked antipathy …

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Greece officially complains to Germany about Schaeuble’s insult

Greece officially complained to Germany about an insulting statement by Finance Minister Wolfgang Schaeuble about his counterpart Yanis Varoufakis. The complain was verbal and was submitted by “the Greek ambassador to Berlin to the German Foreign Ministry on Tuesday evening,” Greek Foreign Ministry spokesman Konstantinos Koutras told journalists on Thursday. …

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