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Tag Archives: german finance ministry

Creditors make it clear: No debt relief for Greece before 2018

Creditors have cooled down Greece that has been awaiting for debt relief measures. “Greece has done its bit, now it wants debt relief,” Prime Minister Alexis Tsipras said on Thursday, two days after the agreement with creditors on additional measures 3.6 billion euros for 2019 and 2020. However, the country’s …

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Dire Consequences should Greece Exit the Euro Zone

What many missed on the controversial and multiply denied DER SPIEGEL article claiming Greece was about to exit the Euro Zone, is the part referring to German Finance Minister Wolfgang Schaeuble’s report on “possible dire consequences” on the European economy should Athens drop the Euro”. The report or better say the …

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