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Tag Archives: Wolfgang Schaeuble

‘Austerity Bill Not Enough for Bailout Tranche’, Say German FinMin & EU Commission

The austerity package that will bring financial disaster to millions of Greek households was apparently not enough for Greece’s lenders to give the green light for the release of the 31 billion euro bailout tranche. Of course, the budget 2013 has to be adopted by the Greek Parliament, as well. …

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Art Meet Finance: Nana Mouskouri and Wolfgang Schaeuble in Berlin

What took German Finance Minister Wolfgang Schaeuble among the artists? Absolutely, absolutely nothing! Renowned Greek singer Nana Mouskouri met German Finance Minister Wolfgang  Schaeuble. In Berlin. During the so-called “Open Door Day” of the German Public Administration, where citizens visit the public services and meet and talk with ministers. Nana Mouskouri …

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As Spainish Banks Collapse, German FinMin Blames Greece

Euro zone’s fourth biggest economy is collapsing. In a dramatic appeal Spanish Treasury Minister Cristobal Montoro signaled on Tuesday that the credit markets are shut for Spain and that the debt-ridden country cannot borrow money anymore. Prime Minister Mariano Rajoy is claimed to press for a direct European rescue package to save his …

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German FinMin: European Commission Should be EU-Government. HA!

I could have never imagined, German Finance Minister Wolfgang Schaeuble had a sense of humour. Reality proves me wrong. Apparently he has. Then it must be a joke when he proposes that the European Commission develops into an EU government! And this when a growing number of Europeans criticize in deepest frustration the path …

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German FinMin: “Euro Zone Can Do Without Greece”

Economic pressure is increasing by Greece’s lenders while Greece’s political party leaders pend between forming government and fresh elections. German Finance Minister Wolfgang Schaeuble shamelessly states that after two years of Greek crisis, “the euro zone area is enough protected and can do without Greece”, public surveys show that 73% of the Germans wish …

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German FinMin Threatens Greek Voters 36 Hours Before the Elections

The man has nerve. And urgently needs crash courses in Democracy. German Finance Minister Wolfgang Schaeuble intervened in the democratic process of elections and openly threatened Greek voters. In an attempt to influence the free democratic choice, Schaeuble said that “if  Greek voters were to vote for a majority that does not …

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German FinMin to Greeks: “Elections is your Right, But Fulfil the Agreement is your Duty”

Over the weekend German Finance Minister Wolfgang Schaeuble gave two interviews about Greece. One to Greek daily To Vima and one to Italian La Republica. To the Greek daily he said that Germany is ready to do whatever it takes to help Greece and stressed the proposal to send German tax …

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German FinMin: Blatant Intervention in Greece’s Democratic Procedures

The boldness of some EU so-called “partners” of Greece has apparently no limits. Just hours before the Eurogroup teleconference on Wednesday evening and after conservative coalition partner Antonis Samaras sent his written commitments to the country’s lenders, German Finance Minister Wolfgang Schaeuble made a blatant intervention in Greece’s democratic procedures. …

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German FinMIn: Greece’s 6th Tranche Decision on Oct 13th

German Finance Minister Wolfgang Schaeuble decided on his own when the Eurogroup meeting will take place and take decisions about Greece’s sixth tranche! According to German DIE ZEIT online, Schaeuble said: “Greece’s 6th tranche will be decided during Eurogroup’s Oct 13 extra meeting. It will be paid only if conditions are …

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50% Greek “Haircut” or German Rescue Plan with “Treuhand”?

While the scenarios over the weekend claim a Greek haircut of 50% and the most odious preconditions with more austerity measures and the Troika be seated in Athens for a decade,  Greek Finance Minister EvangelosVenizelos meets with German Finance Minister Wolfgang Schaeuble in Washington. Tomorrow he will hold meetings with IMF-Chief Christine …

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Greek PM Fevers Ahead Talks with Merkel-Sarkozy on Sept 14

Feverish meetings were held in the office of Greece’s prime ministers’ office on Tuesday ahead the teleconference of George Papandreou and German Chancellor Angela Merkel and French President Nicolas Sarkozy on Wednesday, Sept 14th 2011. The meeting with top economists of the country were made under the specter of an …

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German FinMin to Greece: No Martini, No Party!

Well, German Finance Minister Wolfgang Schaeuble did not say it exactly as the title heralds paraphrasing Clooney’s famous ad line. Speaking to German Parliament, Schaeubel warned warned on Tuesday that Greece will not be able to receive another tranche of international aid if the delayed “troika” report from the IMF, ECB and …

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Germany’s New Currency: the “Merkels”

First I though it was a joke, but now slowly I believe it might be true: Germany is about to issue its own currency, the “Merkels”! However there is disagreement on the design of the new German “Merkel” coins and banknotes, as the Chancellor cannot decide on the banknotes colours …

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Dire Consequences should Greece Exit the Euro Zone

What many missed on the controversial and multiply denied DER SPIEGEL article claiming Greece was about to exit the Euro Zone, is the part referring to German Finance Minister Wolfgang Schaeuble’s report on “possible dire consequences” on the European economy should Athens drop the Euro”. The report or better say the …

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