Tag Archives: Grexit

Greece must decide whether it wants to remain in the eurozone, German Finance Minister Wolfgang Schaeuble said on Tuesday, adding Berlin is open to discussing debt relief for Athens in 2018 if such a step is needed. He also said debt relief for Greece was not an issue at the …

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92% of young people in Greece do not trust politics. the same attitude is common to 66% of young people in Germany. Almost four in 10 young Greeks do not negatively approach Grexit, that is the possibility of the Greece to leave the European Union. While in Germany only 9% …

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What do Germans think of Grexit?  The financial situation of Greece has split the German public opinion. In a poll conducted for German weekly STERN, a narrow majority would accept Greece abandoning the eurozone. Whether the heavily indebted Greece will receive additional billion credits depends on the implementation of the …

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German Finance Minister Wolfgang Schaeuble denied on Sunday that he had said Greece would have to leave the eurozone if it failed to implement economic reforms. In an ARD television interview, Schaeuble that Greece would not have problems if it implemented agreed reforms, but would if it fails to carry …

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Delays in the talks between Greece and its lenders have brought back the ghost of Grexit.  The grave disagreement between the International Monetary Fund and the European lenders, Grexit bombshell flying around and Greece’s reluctance to accept additional austerity measures have increase uncertainty among citizens – for one more time. …

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Greece could ditch the euro and choose to be tied to the US dollar on the same terms like the ones used by Puerto Rico. Senior Greek economists have inquired about the possibility to adopt the green US dollar. Athens would humiliate Brussels and cause Germany to ‘freak out’. Who …

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German Chancellor Angela Merkel struggles to keep a safety distance to two of her cabinet ministers who carry their election campaign on the back of Greeks: Finance minister Wolfgang Schaebule (CDU) and Foreign Minister Sigmar Gabriel (SPD) On Monday, Merkel sent her spokesman reporters to assure Greece and the Euro-world …

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Greece debt crisis has become a central issue in the German elections campaign. Even parties sunk in oblivion in recent years try to win votes by throwing the bait “Grexit” into the open mouths of conservative and neo-liberal electorate. “Greece should leave the euro zone and then be given debt …

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 German Finance Minister Wolfgang Schaeuble warned Greece Wednesday night “to fulfill its reform commitments, otherwise it would have to leave the Eurozone.” Speaking at a talk show at the German state ARD TV, Schaueble said also that pressure on Greece must be maintained.” “They are not over the mountain, therefore …

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The deep rift between Greece’s European lenders and the International Monetary Fund leads to nothing else than to a delay in the conclusion of the second review. For one more time, the rift has triggered fears that another Greece debt crisis is looming and that even a default was at …

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Our Wicked Witch of the West, the malevolent ruler of the Euro Wonderland. Finance Minister Wοflgang Schaeuble who believes that a positive word slipping for his lips would bring his fragile world into collapse. But today, the believable and the unexpected happened: he forgot to say one of his favorite …

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We work effortlessly to achieve an agreement with Greece and completed the second assessment together with the International Monetary Fund, the head of the European Support Mechanism (ESM), Klaus Regling said on Wednesday. Speaking at the European Parliament, Regling stressed that if Greece adheres to what has been agreed upon …

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SYRIZA lawmaker and former Alternate Minister of Culture Nikos Xydakis shocked the political world and the public opinion on Tuesday morning when he implied a possible Greek withdrawal form the eurozone. Xydakis said that speaking about Drachma is a taboo and that there should be no taboos when we speak …

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British actor Sir John Hurt has died after a long battle with pancreatic cancer at the age of 77. He had starred in more than 200 films and television series over a career spanning six decades. He was Oscar-nominated for his star turn in “The Elephant Man” and his supporting role …

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The Eurogroup meeting on Thursday ended for Greece as expected: highly stubborn creditors putting immense pressure on Greece to legislate austerity measures that will be implemented in after 2018 now. The finance ministers of eurozone demand with superabundant insolence from Greece what they would never do in their own countries: to …

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At the Eurgorup meeting on Monday, Germany won. There will be no program review for Greece this year. Athens has to wait until it could be able to sell bonds to the European Central Bank’s quantitative easing scheme and return to the markets. The stalemate allegedly left Greece’s allies among its …

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Greece must reform or leave eurozone. German finance minister Wolfgang Schaeuble o000mmed his favorite mantra and ruled out  debt relief for Greece before on Sunday. Just hours before the Eurogroup meeting to discuss the second review of the third bailout program -and the Italian slap in the face of the  …

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Germans have the solution to Greek Debt crisis: temporary return to Drachma and unconditional debt relief. The idea comes from Austrian economist Gabriel Felbermayr, Director of Foreign Economy Department at conservative think-tank Ifo (Institute for Economic Research) is a Munich-based research institution and one of Germany’s largest economic think-tanks. In …

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French President Francois Hollande revealed that Prime Minister Alexis Tsipras wanted to print Drachmas in Russia. In a book “Presidents should not talk about such things” Hollande speaks about a conservation he had with Russian President Vladimir Putin in summer of 2015, the peak of the Greek crisis before the …

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The favorite mantra of German Finance Minister Wolfgang Schaeuble is back. “Grexit Grexit Grexit om…” The Return of the Grexit scenario is understandable. A year before the German elections and the rates of the ruling Union CDU/CSU have reached a record low of just 29.5%. The German main ruling party …

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