Tag Archives: Schaeuble

Greek debt interest deferrals would amount to €120bn over 23 years, the German finance ministry has calculated. Wolfgang Schaeuble can only say NEIN. The Greek government can keep struggling to persuade its creditors for ease of repayment terms. In vain. In an internal paper obtained by German economic news daily …

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Anarchist terror organization “Conspiracy of Cells of Fire” claimed responsibility for the package with explosives sent from Greece to the German Finance Ministry and Wolfgang Schaeuble. In a website for the anti-authoritarian movement, the organization said that the package was “part II of the plan Nemesis” and hailed more than …

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An explosive device has been found in a suspicious package found in the German Finance Ministry earlier on Wednesday, German police said. The package was found at 10 am at the letters distribution department of the ministry. The routine X-rays check showed that there were cables inside the package. German …

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Deputy Prime Minister Yiannis Dragasakis directly blamed the International Monetary Fund and two European countries for the delays of the second review of the Greek program. Speaking to newspaper Ethnos tis Kyriakis, Dragasakis said that the second review could have concluded by December 5th, if it wasn;t for the IMF …

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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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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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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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Greek Prime Minister Alexis Tsipras slammed both the International Monetary Fund and the German Finance Minister Wolfgang Schaeuble for their policies leading to delays in the conclusion of the second review of the third bailout program. Speaking at the central committee meeting of SYRIZA on Saturday, Tsipras said that those …

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Greece’s Finance Minister Euclid Tsakalotos is in Brussels on Friday for a series of previously unscheduled meetings with the heads of the country’s European creditors. Additionally, Tsakalotos is also going to meet with German Chancellor Angela Merkel in the next days,  Athens News Agency reported on Friday morning. That the …

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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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Dutch Finance Minister Jeroen Dijsselbloem said that “The Netherlands will stop aid to Greece, if the International Monetary Funds stays out of the Greek program.” Dijsselbloem said this at the Dutch parliament and adding that the same is valid for the Greek Parliament.” “IMF involvement is necessary,” Jeroen Dijsselbloem told …

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Solid as a rock in a Wagner opera. German Finance Minister Wolfgang Schaeuble brings the negotiations on the Greek debt to another level of the blatant blackmail. The current Greek aid program will end if the International Monetary Fund remains out of the program. According to the spokesman of the …

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“If Schaeuble continue this policy then we will see bilateral agreements between countries of the [European] south, there is no other. Discussions between the French, Spanish, Portuguese and Greek diplomacy are already on the way. We do not cede the euro to anyone, if Germany wants this then Germany should …

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Former finance minister Yanis Varoufakis strikes back and urges Prime Minister Alexis Tsipras to turn his back on Greece’s lenders, adopt a parallel payment system  and to unilateral restructure the loans held by the European Central Bank. In an op-ed in Efimerida ton Syntakton, Varoufakis, Varoufakis calls on Tispras to …

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The elections campaign has officially started in Germany. The Social-Democrats (SPD) with top candidate Martin Schulz challenge the conservative Christian-Democrats (CDU) of Angela Merkel and Wolfgang Schaeuble. While it seemed that the former President of the European Parliament Schulz would have it hard to challenge the Chancellor, the results of …

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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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Is the Greek debt sustainable or not? Opinions and approaches differ. The International Monetary Fund insists that the Greek debt is not sustainable, the Eurozone’s Fund European Stability Mechanism insists that the Greek debt is sustainable. Greece has three weeks to deal with ‘potentially disastrous’ debt, the IMF said adding …

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“Greece has not implemented in full the commitments it made towards the creditors.” So simple. So cruel. So predictable. German Finance Minister Wolfgang Schaeuble chew his teeth, spit them out in front of the reporters. “However, time has become more pressing and [Greece] has to do it. The difficulty lies …

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Just days before the Eurogroup meeting on Greece’s program review and the country’s European lenders keep up the good traditional work of Dirty Games, Blackmail and Pressure. We’ve been there, we’ve seen that. We’ve heard “the anonymous EU source” one million times since 2010 when the first bailout was signed …

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