Wolfgang Schäuble against Greek Haircut
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German Minister of Finance Wolfgang Schäuble (CDU) speaks during an interview which he gave to West German Allgemeine Zeitung on the last Friday, of the fact that meanwhile the finance plight of Greece could become dangerous for the whole euro-space. In his view it depends on the persuasive solution of this problem whether the international market again catches trust to the euro all together.
At the same time the federal Minister of Finance drew the attention to the fact that the German economy, in spite of all present problems, profits massively from the communal currency. Nevertheless, for the debt cut demanded ...