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Champion of Austerity Wolfgang Schäuble to Leave His Post

Wolfgang Schäuble; the all-powerful finance minister of Germany and staunch supporter of austerity in southern Europe and especially in Greece, is to leave his...

Markets Prepare for New Aid to Greece

“There is almost no private investor who could be scared of the news about a new rescue package to Greece,” Jörg Kraemer chief economist...

German Press Sees Drach Parties Arising

It does not look like Greece will return to the drachma, despite all comparisons made to  Ethiopia and Albania concerning similar economic  circumstances. The German...

Italians Pour Praise on Samaras’ Government

ANSA, (Agenzia Nazionale Stampa Associata), the leading wire service in Italy and one of the leaders among world news agencies, in its telegraph to...

Development Minister Chatzidakis Meets with Schäuble

Greek Minister for Development, Kostis Chatzidakis, stressed that, “Politics can be one-sided,” referring to the need to combine fiscal adaption to development measures. On...

EU Says Greek Case Complex

An alarm has been raised in Brussels after the dramatic news came from Athens. According to EU sources, at the time of the Eurogroup...

German SPD Wants the Truth About Greek Rescue

The Social Democratic Party of Germany (SPD) asked the German government to reveal “the truth about Greece” and the danger according to which German...

Schaeuble Says Greece Will Get Loan Installment

As German Chancellor Angela Merkel was set to visit Athens on Oct. 9 to meet Prime Minister Antonis Samaras, German Finance Minister Wolfgang Schäeuble...