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Tag Archives: FAZ

What does EC President Jean-Claude Juncker do in a Greek tavern?

European Commission President Jean-Claude Juncker was spotted in a picturesque little tavern by the sea somewhere in the outskirts of Athens. Casually dressed with a simple shirt and adjusted to local SYRIZA-mode without tie, the neighbor next door Jean Claude enjoys local specialties and reads a newspaper. Quiz: Is this …

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Fair compromise: Tsipras fired Varoufakis; now Merkel’s turn to send her radical FinMin home

Here we go again: The three institutions received and evaluated the Greek proposals and sent their commendation to the Eurogroup. In their assessment, the creditors reportedly accept Greece’s proposals as basis for negotiations for a new agreement but they also say that Greece must do much more in form of …

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ECB dismisses FAZ report on “capital controls in Greece”

“The ECB Governing Council and the ECB banking supervisor would be more comfortable if there were capital controls to prevent the banks bleeding (money),” German arch-conservative daily Frankfurter Allgemeine Zeitung claimed Thursday citing an source from the European Central Bank. ECB’s concern was allegedly based on the ground of a …

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German FinMin Schaeuble: “Banks closure limited capital flight from Cyprus”

“The Cyprus deal is a ‘fair’ agreement that lies on the German position,” finance minister Wolfgang Schaeuble said during a press conference in Berlin on Monday, after returning from Brussels. “Europe is in solidarity, Europe remains in solidarity. But you have to remove the causes that lead to such a crisis. …

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