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Tag Archives: Schaeuble

ECB’s Lagarde delivers a laudatory speech to honor Dr Schaeuble

Laudatory speech by Christine Lagarde, President of the ECB, for Dr Wolfgang Schäuble at the VdZ Publishers’ Night, Berlin, 4 November 2019. The English philosopher John Stuart Mill once observed that “a great statesman is he who knows when to depart from traditions, as well as when to adhere to …

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Schaeuble wanted to resign after his 10-year Grexit plan was rejected

Nine years after Greece surrendered to international creditors and three tough bailout agreements with strict austerity, former German Finance Minister Wolfgang Schaeuble told the Financial Times that he was a fierce supporter of Grexit from the very beginning. He also admitted that he wanted to resign when his Grexit plan …

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Varoufakis, Schaeuble & Co: The casting for Gavras’ movie “Adults in the Room”

Famous Greek director Costas Gavras has started his new project: the filming of “Adults in the Room,” the book of former fiance minister Yanis Varoufakis about the fatal first half of 2015, that granted Greece another bailout program. “The history of a country and its people trapped in a power …

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Greek police arrest man suspected to have sent parcel-bombs to Papademos, Schaeuble & IMF

Greek police arrested a 29-year-old man suspected to have sent parcel bombs to former prime minister Lucas Papademos but also to ex German finance minister Wolfgang Schaeuble and the International Monetary Fund. The man was arrested as he was leaving his basement apartment in Attikis square district of Athens at …

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Schaeuble says Greece will soon be in a position to borrow from markets

Outgoing German Finance Minister Wolfgang Schaeuble was uncharacteristically positive in his recent comments regarding Greece, saying the country is on a “good path” and that critics’ pessimistic forecasts have not panned out. Schaeuble, who often played the role of the Euro zone’s “bad cop” in dealings with Greece over the …

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Schaeuble leaves behind a toxic non-paper about the future of the euro zone

German finance minister  Wolfgang Schaeuble left but not without leaving behind a legacy to his successor. In a non-paper, Schaeuble made his proposals on the future integration of the euro zone and the crucial role of the European Stability Mechanism. The ESM should increase its possibilities to support states threatened …

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Eurogroup says farewell to Schaeuble, first time Greece not on the agenda

It was the first Eurogroup meeting without Greece being on the agenda and the last Eurogroup meeting for outgoing German finance Minister Wolfgang Schaeuble. End of an era. End of the Schaeuble era. His colleagues paid tribute to the longest serving member. They signed on an European Union flag and …

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With FDP in German coalition, Greeks could miss old chap Schaeuble

Greece is closely watching the political developments in Germany as the new coalition government that will be formed will have direct impact on the Greek debt and the discussions about its relief expected to begin after conclusion of the bailout program in August 2018. Right after the exit polls on …

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UPS Schaeuble wants to allow EZ South to tap ESM for investment

German finance minister Wolfgang Schaeuble was always against a common European debt, against Eurobonds and new support programs for the European South. He seems to have made a U-turn. As expected not without strict measures and concessions. According to German daily BILD, Schaeuble is working on a proposal that would …

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German Economist Issing call on Euro-Sabbatical for Greece

Otmar Issing, former Chief Economist and Member of the Board of the European Central Bank and the German Bundesbank, brings back Grexit scenarios, demanding a Euro-sabbatical for Greece. In an interview with business news magazine Wirtschaftswoche, Issing warned of a new flare-up of the euro crisis. “The euro crisis is …

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