German Finance Minister Schäuble: “Greece does not need options because it does not want a program”
German Finance Minister Wolfgang Schäuble has acknowledged that he is not very optimistic about the possibility of Greece and its euro zone partners reaching an agreement on debt on Monday. Upon arrival at the Eurogroup meeting he assured that “no options are needed if Greece does not want a program”.
Asked if the Eurogroup will find a solution to Greece’s debt problems, Schäuble has responded: “From what we’ve heard from the technical talks over the weekend, I’m very skeptical, but we’ll have a report today and then we” See “The minister made the remarks in an interview with the Deutschlandfunk radio station on Monday, hours before the Eurogroup, made up of the euro zone’s finance and the economy ministers .
“I am very skeptical” from the technical conversations over the weekend
The German politician has insisted that Greece should leave the euro zone, but that the new government of Athens must meet the main conditions of its rescue program. In this sense, he believes that it is not about finding a compromise agreement “only for the sake of a commitment”.
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GREECE HAS LIVED ABOVE ITS POSSIBILITIES
“The problem is that Greece has lived beyond its means for a long period of time” and he added. Thus, the German Finance Minister described as “quite irresponsible” the behavior of the new Government of Greece and recalled that it is not very useful to insult those who have given you support.
The German Finance Minister described as “quite irresponsible” the behavior of the new Government of Greece and recalled that it is not very useful to insult those who have given you support.
This critical attitude is added to that of other countries, such as Finland and Spain. In the case of the Government, the President of the Government has already said that
On the other hand, in an interview with the German broadcaster ZDF, the Austrian Finance Minister, Hans-Joerg Schelling, said the new Greek Executive seems to be still “in an electoral mode and not in a way of working”.