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Germany warns Britain against ‘blackmailing’ EU
German Finance Minister Wolfgang Schaeuble warned Britain in a Sunday newspaper interview against “blackmailing” its EU partners in a bid to bring powers back home from Brussels. “We want to keep Britain in the EU and not force it out,” Schaeuble told the Frankfurter Allgemeine Sonntagszeitung. “But I will also…
Pro-bailout parties win majority in Greek elections
BERLIN — Eurozone countries extended Sunday a hand of compromise to Greece after the victory of parties supporting the country’s international bailout, signalling some flexibility on the painful reforms. “There can’t be substantial changes in the engagements” undertaken by Greece in the bailout deal. “But I can imagine we discuss…
German finance minister: Greece ‘needs austerity programs’
German Finance Minister Wolfgang Schaeuble said cash-strapped Greece needed to implement EU and IMF-imposed austerity measures as European solidarity was “not a one-way street.” “To tell the Greeks that they need not apply austerity deals to which they have agreed is to lie to them,” Schaeuble told the weekly Bild am Sonntag. “European solidarity is not a…
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