Tag Archives: Lew

I can’t help but remember German Finance Minister Wolfgang Schaeuble every time I read somewhere the word “Puerto Rico.” In 2015, Schaeuble offered  US-Treasury Secretary Jack Lew swap burdens of Puerto Rico with those of Greece. Would the swap have been a good deal for Germany and the Eurozone? Hardly. …

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A day before arriving in Athens US Treasury Secretary Jack Lew used the political situation in neighboring Turkey  – “Turkish turmoil” – to argue in favor of a Debt Relief for Greece. In an interview to Financial Times, Lew said “I would hope [the recent regional upheaval] would change the …

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After IMF, Greece and USA, Germany conceded on Thursday that Greece would need some debt restructuring as part of any new loan program to make its economy viable. It wans’t German Chancellor Angela Merkel, bu the himself personally German Finance Minister Wolfgang Schaeuble who admitted so. Schaeuble, who has made …

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German Finance Minister Wolfgang Schaeuble left Athens on Thursday after an intense visit: three interviews, five appointments, one conference, one working lunch. All these in just height hours. He came, saw and conquered. No the hearts of the citizens of besieged Greece but the hearts of the German taxpayers and …

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