Schauble: No ‘haircut’ to Greek debt

13 May 2016
1029 Views

German Finance Minister Wolfgang Schauble for the first time publicly admitted he had disagreed with German Chancellor Angela Merkel on the handling of the Greek crisis in the past, in an interview to German newspaper ‘Handelsblatt’. ‘It is no secret that we disagreed, but a decision was made and I accepted it’, he said. Commenting on the progress of the review of the Greek program, Schauble underlined that the Greek labour market had improved, while the economy was growing and the debt falling. On the pressing issue of a possible haircut of the Greek debt the German Finance Minister expressly ruled it out.

You may be interested

Accidental experiment solves Century-old Chemistry problem
WORLD
shares26 views
WORLD
shares26 views

Accidental experiment solves Century-old Chemistry problem

Panos - Feb 24, 2021

Researchers in Uppsala, Sweden accidentally left a chemistry experiment running over a long weekend. When they returned to the lab,…

ABTA: Greece among the five most popular destinations for 2021
GREECE
shares26 views
GREECE
shares26 views

ABTA: Greece among the five most popular destinations for 2021

Panos - Feb 24, 2021

Greece is among the top 5 most popular destinations for holidaymakers, according to booking trends by Travel Association ABTA. Travel Association…

Dreamy sunset in Mykonos Island in Greece (video)
GREECE
shares29 views
GREECE
shares29 views

Dreamy sunset in Mykonos Island in Greece (video)

Panos - Feb 24, 2021

Magic hour during sunset and dusk at Little Venice in Mykonos island, one of the most romantic places in the Mediterranean and…

Leave a Comment

Your email address will not be published.