Arab Today, arab today greece needs time
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Minister Schaeuble:

Greece needs time

Arab Today, arab today

Arab Today, arab today Greece needs time

German Finance Minister Wolfgang Schaeuble
Berlin - Arab Today

German Finance Minister Wolfgang Schaeuble said Sunday Greece's new hard-left government needs "a bit of time" but is committed to implementing necessary reforms to resolve its debt crisis.
"The new Greek government has strong public support," Schaeuble said in an interview with German newspaper Bild am Sonntag.
"I am confident that it will put in place the necessary measures, set up a more efficient tax system and in the end honour its commitments.
"You have to give a little bit of time to a newly elected government," he told the Sunday paper. "To govern is to face reality."
Schaeuble also insisted that his Greek counterpart Yanis Varoufakis, despite their policy differences, had "behaved most properly with me" and had "the right to as much respect as everyone else".
It was a marked change in tone for the strait-laced Schaeuble, who has repeatedly exchanged barbs with Varoufakis, his virtual opposite in both style and politics, since January's watershed Greek elections brought in an anti-austerity government.
Schaeuble last week sternly warned that Greece would not receive "a single euro" until it meets the pledges of its existing 240 billion euro ($270 billion) bailout programme.
But he put his weight behind a four-month extension, to the end of June, approved overwhelmingly by the German parliament on Friday after a complex compromise reached between eurozone finance ministers and Athens.
In exchange, Greece has pledged to implement reforms and savings.
Schaeuble reiterated the ground rules for the aid programme extension, stressing that "Greece must meet its commitments. Only then will it receive the promised aid payments."
Asked about repeated comments from the new Greek government against austerity measures and for a debt haircut, Schaeuble said that "contracts are more important than statements".
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece needs time Arab Today, arab today greece needs time

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece needs time Arab Today, arab today greece needs time

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday