Wolfgang Schäuble

German Finance Minister Wolfgang Schauble said that if Greece failed to complete the second review on the current bailout program and the IMF decided to depart, this would render the plan obsolete.

Deputy spokesperson of the European Commission Alexander Winterstein said the role of the IMF in the Greek bailout program is provided for in the European Stability Mechanism’s (ESM) compliance charter.

Kyriakos Mitsotakis, president of Greece’s major opposition party New Democracy (ND), called on PM Alexis Tsipras to either immediately close the second review on the Greek bailout program or call national elections.

A high-ranking Greek government source was quick to clarify that PM Alexis Tsipras’s statement on Thursday in parliament about “psychological issues”, which was interpreted by the press to refer to German Finance Minister Wolfgang Schauble had nothing to do with the German politician. Following the uproar caused over Mr.

With an indirect but quite obvious comment, Alexis Tsipras answered to Wolfgang Schäuble earlier attack. Schäuble had said that there can be no compassion for Tsipras when he accuses Germany of targeting the Greek pensioners.

In an interview to German newspaper Die Zeit German Minister of Economics Wolfgang Schäuble, slammed Greek Prime Minister Alexis Tsipras for accusing Germany that they target the Greek pensioners.

The Greek government was waiting for the debt relief measures to come back on track, after the December 5th Eurogroup decision that put them on hold as a response to the bonus to pensioners and the respite of the VAT increase on refugee-crisis stricken islands announced by Prime Minister Alexis Tsipras. The Eurogroup, however, wasn’t feeling that generous tonight.

While talks with Greece’s creditors on the second review of the bailout program have reached a critical phase, with the IMF embroiled in disagreements with both the its European partners and Greece, PM Alexis Tsipras is scheduled to depart for Brussels on Wednesday to take part in Thursday’s EU Summit.

“Do you have the impression that Schauble cares about Greece? He knows that there is no way the memorandums will succeed in our country. The only thing he wants is to control the French budget”, ex-Finance Minister of Greece Yianis Varoufakis told an audience during the presentation of his new book titled “The Abduction of Europe”.

The Greek government is attempting to avoid implementing a new package of harsh austerity measures worth 4.5 billion Euros until 2028, after losing the battle to close the second review on the Greek program, by pushing for a political compromise with its creditors.