Arab Today, arab today greek talks to be extremely difficult
Last Updated : GMT 22:04:34
Arab Today, arab today
Arab Today, arab today

German Minister Wolfgang Schaeuble:

Greek talks to be extremely difficult

Arab Today, arab today

Arab Today, arab today Greek talks to be extremely difficult

German Minister Wolfgang Schaeuble
Brussels - Arab Today

German Finance Minister Wolfgang Schaeuble said Saturday that last-ditch talks with Greece on a new debt rescue needed to keep it in the eurozone will be "extremely difficult."

"We will have extremely difficult negotiations," the hardline Schaeuble said as he arrived for an emergency meeting of eurozone finance ministers to decide whether the latest Greek reform proposals go far enough to merit a third bailout.

Schaeuble accused the leftist Greek government of Alexis Tsipras of completely destroying confidence among his eurozone partners and said Athens had to come up with more than words.

"At the end of last year we had hope but in the last months, this hope has been destroyed in an incredible way," Schaeuble said.

"Definitely we cannot trust promises."

Schaeuble added that in the detail of Greece's proposals there were even bigger gaps than in talks on its two previous bailouts, negotiated in 2010 and 2012 worth 240 billion euros.

"Up until now we always talked about ending the programme but now we are talking about a full three-year programme," he said.

"This alone shows that the proposals submitted (by Greece) are far from enough."

As for Tsipras's calls for the country's creditors to consider reducing or rescheduling its massive debt mountain of 320 billion euros, Schaeuble said this was out of the question.

"We know that under the EU treaties it is not possible to have debt forgiveness," he said.

Schaeuble has taken a consistently hard line on Greece, finding support among the Baltic states and Finland who all stress that Athens must accept austerity policies for fresh aid if it is ever to get its economy back on track.

Tsipras was elected in January after promising to end the austerity measures which he said had driven the Greek economy into the ditch and needed to be replaced by a major stimulus programme.
Source: AFP

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 greek talks to be extremely difficult Arab Today, arab today greek talks to be extremely difficult

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Hamas leader accuses Israel

GMT 11:43 2017 Tuesday ,28 March

Hamas leader accuses Israel
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections
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 Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 13:21 2017 Tuesday ,28 March

Samsung plans to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
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