March 14, 2010 BERLIN Reuters - German Finance Minister Wolfgang Schaeuble said there was no reason for Euro zone finance ministers to make any decision on
German finance minister Wolfgang Schuble told the Bild Zeitung newspaper on be no reason to make decisions about financial aid." French finance minister Christine
EU finance ministers in talks on help for Greece The spread, or difference, between 10-year German and Greek bonds remained around 3 percentage points on Monday.
German Finance Minister Wolfgang Schaeuble said there was no reason for Euro zone finance ministers to make any decision Greek bailout decision - German finance minister operation
finance ministers meet today and tomorrow in Brussels with the prospect of a Greek rescue German Finance Minister Wolfgang Schaeuble and French Finance Minister Christine Lagarde ruled out an aid decision at
German minister -"no need" for Greek aid decision there was no reason for Euro zone finance ministers to make any decision on for a planned operation
The "shock-and-awe" effect of the rescue operation, initially drove yields on Greece's 10-year bond sharply lower, from a record high of 17.35, to as low as 7.43 in a single day when it skidded below 1.20 after a spokesman for Hungarian prime minister Viktor Orban told reporters that Hungary's public finances were in a much worse shape than previously thought, and said there was only a slim chance that Budapest could avoid a Greek-style scenario.
The Times reports that German Finance Minister Wolfgang Schauble has warned that his government may block the Greek rescue package until the country agrees to tougher austerity measures. . and would require no extra financing. The article added that once fully operational, the service will cost up to an estimated 5 billion a year to run. Ingeborg Graessle, a German MEP who sits on two EP budget committees, was quoted saying You can only believe the claims that the
BRUSSELS Germany's finance minister says there is a good chance that his country will approve a joint eurozone and International Monetary Fund rescue package for Greece by Friday. . Economic reality has forced us to take very harsh decisions, Papandreou said, adding that This is the only way we will finance our 300 billion debt. Some economists believe that Greece's adjustment will be painful, but no more so than when the country devalued its then currency,
The eurozone's 440bn sovereign rescue fund will be operational by the end of the month and expects to be awarded a triple A rating, Klaus Regling told the FT and Frankfurter Allgemeine Zeitung. Germany's finance minister congratulated Spain both on winning the World Cup, and on starting structural and budget reforms. Spain had followed the advice of the Ecofin in full. El Pais has the story with lots of quotes about everybody being very happy with Spain. Greek
Contrary to general belief, Germany's eurosceptic professors have not abandoned their legal efforts to block the EU rescues for European banks exposed to Greek debt, and since May 7 for banks exposed to debt from Spain, Portugal, No government should ever treat a head of state in this fashion, not least on a question of such existential importance. The group said the erosion of German state finances strikes a blow at the constitutional foundations of our state and