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Tag Archives: Schaeuble

Schaeuble warns Greece on what happens if IMF leaves.

Another warning by the man who never smiles. Another warning to Greece by the man who has nothing better to do than add 0.00002 + 0.00001/2 and double check to verify and confirm the result. Another warning by the bitter man who warns others but himself remains bitterly relaxed. Schäuble …

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Schaeuble & Dijsselbloem officially seized the EU; Commission angry

The European Commission got angry at the chief of Eurogroup Jeroen Dijsselbloem for issuing a statement announcing the freezing of short-term debt-relief measures for Greece due to social support for low pensioners. Dijsselbloem had claimed that the institutions had taken the decision. Statement on #greece pic.twitter.com/7kmVmf0eQJ — Michel Reijns (@MichelReijns) …

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Thus Spake Schaeuble: EU creditors freeze minor debt relief for Greece

The otherwise so slow-paced European Union was quick to react to the social measures Greek Prime Minister Alexis Tsipras announced five days ago. The country’s European creditors decided to freeze the minor debt relief for Greece in protest at Greek government’s Christmas bonus to low-pensioners and scrapping upcoming Value Added …

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Tsipras’ Christmas bonus to low-pensioners angers Germany

Germany has asked the institutions involved in Greece’s aid program to assess whether Greek reforms are compatible with its bailout obligations and wants a quick answer to avoid delaying short-term debt measures, a finance ministry spokesman said. “We expect swift clarification on this issue so that the implementation of short-term …

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Why are EU & Eurozone partners afraid of Dr Schaeuble?

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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Schaeuble: Greece must reform or leave the eurozone

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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Schaeuble agrees on short-term measures for Greece’s Debt Relief

The European Stability Mechanism (ESM) is currently working on proposals for the implementation of the agreed short-term measures regarding the Greek debt relief, Dennis Kolberg, the spokesman of German Finance Minister Wolfgang Schaeuble, said in exclusive statements to the Athens-Macedonian News Agency. “Eurogroup agreed on May 24 to take short-term …

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German Finance Ministry supports EZ’s Debt Relief plan for Greece

The euro-zone member states are planning a new round of debt relief for Greece that would allow the country to profit from low interest rates, Handelsblatt has learned. The currency union’s bailout fund, the European Stability Mechanism or ESM, would secure Greece against rising rates by offering the country bonds …

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ECB’s Draghi: Solution for Greek Debt is in the interest of the Eurozone

A solution for the Greek Debt is in the interest of the eurozone, chief of the European Central Bank, Mario Draghi said on Monday, speaking at the Economic and Monetary Committee of the European Parliament. Answering a question posed by Giorgos Kyrtsos, MEP of conservative New Democracy, Draghi stressed  that …

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Dijsselbloem : Eurogroup to discuss debt relief for “committed” Greece

Winds of Change? Juncker, Moscovici and Dijsselbloem ‘secretly’ plot an uprising and revolt against Schaeuble? Eurogroup head Jeroen Dijsselbloem said that the Greek government is very committed and more cooperative than the other governments under the bailout agreements and that the Eurogroup will discuss debt relief measures on December 5th …

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