Olaf Scholz

Mitsotakis presents government’s reform agenda to Scholz

Greek Prime Minister Kyriakos Mitsotakis presented his government's reform agenda to German Finance Minister Olaf Scholz during a meeting in Berlin on Thursday morning.

The German Finance Ministry posted a tweet on the meeting held in Scholz's office, saying the new Greek government's economic policy is one of the issues that were raised.

Tsakalotos attacks handout critics as austerity fans

Finance Minister Euclid Tsakalotos on Monday dismissed officials who have expressed concern over the government's handout policy ahead of the elections - including the head of the European Stability Mechanism, Klaus Regling - as "austerity supporters," although concerns are also being raised by others much closer to home, at the Parliamentary Budget Office (PBO).

Martin Schulz Withdrew from the Leadership of the German Social Democrats

Social Democratic Party leader Martin Schulz announced his resignation, DPA reported. Shortly after, the party's leadership announced that it supported the chairman of the SPD parliamentary group Andrea Nahles for the post. Her candidacy will be voted on by party members on April 22.

Next German FinMin may be more conciliatory toward Greece

Olaf Scholz, the mild-mannered, pragmatic mayor of Hamburg, could become Germany's next finance minister.

If he does, he would step into the giant shoes left by Wolfgang Schaeuble, the fiscally hawkish and larger-than-life veteran of German politics who now presides over the lower house of parliament, the Bundestag.