Tag Archives: Schaeuble

Germany’s finance ministry on Tuesday welcomed a move by Greece to sell debt to private investors for the first time in three years, saying Greece now needed to stabilise trust, bolster reforms and complete a third bailout review on time. A ministry spokesman spoke to Reuters following, of course, Wolfgang …

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“Greece has implemented many reforms and is on a good path,” German Finance Minister Wolfgang Schaeuble said on Monday in an interview with Bild newspaper. The most dramatic moment over the last four years was the dispute over the program for Greece in the summer of 2015 when the country …

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German Finance Minister Wolfgang Schaeuble insisted that it is successive Greek governments to blame for the pension cuts that have been enforced in Greece and not the international or the European creditors. In an interview to newspaper TA NEA, has insisted in an interview that successive Greek governments were to …

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“Poor Alexis Tsipras”,  “Greece’s debt relief is hostage to Berlin’s elections politics”, “Greece is Germany’s de facto colony.” Based on an interview with Polish Foreign Minister Witold Waszczykowski, where he explains why Poland does not want to join the Eurozone, Politico EU writes, among others: From the beginning of the …

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It is usually German Finance Minister Wolfgang Schaeuble who claims pessimism on solution ahead of crucial Eurogroup meetings. This time – for a change – it is the Greek government. “We are far from finding a solution at the Eurogroup on Thursday, given that Germany has not taken any progress …

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A rare day of positive karma for German Finance Minister Wolfgang Schaeuble. He said on Tuesday he was confident that Greece and its international lenders will reach a compromise deal this week, a step that would unleash more loans for Athens. “We’ll manage it on Thursday. You’ll see,” Schaeuble said …

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An international group of bankers, lawyers and stockbrokers appears to have fiddled the German tax system at 32 billion euros over a period of 15 years. Right under the nose of the German finance ministry. A report by German media state broadcaster ARD and weekly DIE ZEIT claims that the …

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Managing director of the International Monetary Fund, Christine Lagarde, paved the way for a potential compromise at the next Eurogroup meeting on the Greek debt crisis. In an exclusive interview with German economic newspaper Handelsblatt, she said the IMF is  willing to participate in a Greek bailout and give European …

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German Finance Ministry ‘contemplated’ on debt relief for Greece. And came to the conclusion that should the interest payments put back until 2048, ‘it would de facto be a new loan with a volume that depends on the development of interest rates.” This is estimated 118 to 123 billion euros. …

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German finance minister Wolfgang Schaeuble attacked on Thursday prime minister Alexis Tsipras for “not having taxed Greece’s powerful shipowners as he had promised.” Schaeuble’s statement seemed a bit weird and out of the blue because Tsipras had made many promises  before the elections and was able to fulfill none of …

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German finance minister Wolfgang Schaueble has once again criticized the International Monetary Fund in the debt debate with the European creditors about Greece. Should the pessimistic growth assumptions of the Fund come true, all aid programs for Athens were in vain, he said at an event in Berlin on Tuesday. …

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Finance Minister Wolfgang Schaeuble is not the Prime Minister of Greece  and he has to accept this. Greek people must be able to take their destiny in their own hands through their parliament and government.  This is what German MP Axel Troost (DIE LINKE) wrote in a press release ahead …

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A great scoop for a Greek website that obtained the minutes from the Eurogroup meeting on May 22 2017. Economic news website Euro2day.gr publishes six pages of the minutes of the stormy meeting on Monday that ended in failure. Blame is initially on the International Monetary Fund. Until the German …

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German finance minister Wolfgang Schaeuble and the International Monetary Fund have reportedly found a solution to the Greek debt relief problem. The solution can be described in one single word: DELAY. According to German Handelsblatt, several unnamed sources said that Berlin and the IMF are very close to a solution …

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The Eurogroup meeting on Monday was another disgrace for the 18 eurozone finance ministers. According to reports by Brussels correspondents, German finance minister Wolfgang Schaeuble spent hours of discussing with Poul Thomsen, the Europe representative of the International Monetary Fund, on the Greek issue. Behind closed doors. The rest of …

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Decisions taken by the eurozone finance minister at the Eurogroup on Monday were supposed to be from ‘good’ to ‘excellent’. What really happened was a long meeting that ended in suspending the meeting and postponing the decisions for three weeks later. Not only there was no decision on debt relief. …

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Greece struggles to reach a deal at the Eurogroup meeting on Monday, May 22 2017. German Finance Minister Wolfgang Schaeuble said he hoped for a political agreement on Monday’s Eurogroup. However, the deal the German minister hopes to happen is not just the deal Greece and the International Monetary Fund …

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Eurozone finance ministers meet today to discuss the progress made towards the second review of the Greek program and the sustainability of the Greek Debt. The government in Athens hopes for a comprehensive solution that will include measures for debt relief. Berlin vehemently rejects any relevant discussion before the current …

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Hardly has the Greek government passed through the Parliament the new package of tough austerity 4.9 billion euros with the hope to finally get a debt relief, and Germany set out again to kill the disturbing Greek fly. There will be neither debt relief nor extension of debt repayment is …

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“The EU and the euro always commanded the support of the majority of European citizens.” President of the European Central Bank, Mario Draghi said on Thursday. Draghi was speaking during a ceremony where he received a honorary doctorate form the University of Tel Aviv. Key highlights from Mario Draghi’s speech: …

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