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Wolfgang Schaeuble News

Greece wins tax reduction from the Troika

Athens - Greece has finally won a concession from the international creditors that dictate fiscal policy. From the beginning of August the VAT applied to the catering trade will be reduced from 23 to 13 per cent, giving a welcome boost to small businesses.

Most Greeks want government to pursue Germany for war reparations

Eight out of 10 Greeks believe the government should pursue Germany over war reparations, following a classified report by the Greek Finance Ministry indicating the debt stands at €162 billion.

Merkel tells Cyprus to only negotiate with Troika

As banks across Cyprus remain closed for business and ATMs fail to produce euro notes, reports indicate that German Chancellor Angela Merkel is clearly at the helm, forbidding Cyprus to negotiate with other interested parties beyond the Troika.

Angela Merkel warns of tough economic times in 2013

New Year cheer from German Chancellor Angela Merkel as she warns that the economy in 2013 "will be even more difficult." Her words contradict those of Finance Minister Wolfgang Schäuble who said "I think we have the worst behind us."

Wolfgang Schaeuble rules out further concessions to Greece

Germany's Finance Minister Wolfgang Schaeuble yesterday ruled out any further concessions to Greece, decribing the current bail-out memorandum as "very accommodating."

German finance minister sends warning on Greek elections

On the eve of the Greek elections German Finance Minister Wolfgang Schaeuble sent a warning to Greece that it will have to "bear the consequences" if it fails to elect a government that does not respect commitments made by the current government.

Greek President attacks German finance minister insults

Athens - President Karolos Papoulias has delivered a speech in which he decried German Finance Minister Wolfgang Schaeuble's insults to Greece. The President said "I cannot accept Mr Schaeuble insulting my country. Who is Mr Schaeuble to insult Greece?

Op-Ed: Economic tyranny — Wage, pension cuts while Greece burns

Sydney - Greece has passed its much-hated EU and IMF-dictated austerity package, which includes the oppressive requirement for a 22% cut to the minimum wage and pension cuts. The likely result will be a drastic lowering of the living standards of the Greeks.

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