Wolfgang Schäuble

German Finance Minister and ideologue of the rescue programme for Greece Wolfgang Schäuble has stated that the country needs more reforms. He also pointed out that Athens will have to part with its membership in the Euro zone if it wants some of its debts to be remitted.

Greece will be in a very difficult position if it fails to implement the terms agreed upon in the fiscal adjustment plan, German Finance Minister Wolfgang Schauble said during an event organised in Saarbruecken. Meanwhile, newly appointed German Foreign Minister and former head of the social-democrats of the SPD, Sigmar Gabriel sent a letter to Mr.

Greek PM Alexis Tsipras is meeting German Chancellor Angela Merkel on the sidelines of the informal EU Summit meeting in Malta, Friday. The meeting between the two leaders started at 10.45am with the Greek PM seeking ways to position himself in a better bargaining position against the harsh demands of the current German government.

The Germany Minister of Finance, Wolfgang Schäuble criticized Chancellor Angela Merkel’s open-door policy towards refugees.

 
Schäuble’s remarks, which came after to President Donald Trump’s decision to ban the citizens from seven Muslim-majority countries from entering the Unites States.

Greek Finance Minster Euclid Tsakalotos will have a series of high-profile contacts in Brussels, ahead of Thursday’s EuroGroup meeting in an effort to improve the negative climate against Greece. Accompanied by Alternate Minister of Finance George Chouliarakis, Mr.

Germany would not accept a new bailout program for Greece in the event the IMF left the current program, German Finance Minister Wolfgang Schauble told Bloomberg news agency. Mr.

According to Handelsblatt the German government is processing an alternative plan should the IMF chooses to leave the Greek program, something that becomes increasingly possible as time passes by.

A report from the German newspaper Bild brings forth an important development: Wolfgang Schäuble is seems to be preparing for the day after the IMF leaves the Greek program.

With the timeframe of the completion of the second review of the Greek bailout program uncertain, and the possibility of the IMF departing from the program becoming more likely, the Greek side is “battling” it out with the harshest proponent of more austerity, German Finance Minister Wolfgang Schauble.

The German political establishment responded in a staunch manner to US-President-elect Donald Trump’s interviews to British London Times and German Bild, criticising him on adopting a protectionist economic policy and his stance on Russia and the migrant crisis.