arabtoday
Last Updated : GMT 11:55:52
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 Adidas Originals ‘reinterpreted’

GMT 14:52 2016 Thursday ,01 December

Adidas Originals ‘reinterpreted’
Arab Today, arab today At Milaidhoo Island, Maldives

GMT 08:42 2016 Wednesday ,07 December

At Milaidhoo Island, Maldives
Arab Today, arab today Paris's matchbox apartments

GMT 10:37 2016 Saturday ,24 September

Paris's matchbox apartments
Arab Today, arab today Status of main battle fronts

GMT 07:44 2016 Thursday ,08 December

Status of main battle fronts
Arab Today, arab today 'Rookie' Trump must fall into line

GMT 08:02 2016 Tuesday ,06 December

'Rookie' Trump must fall into line

GMT 15:01 2016 Wednesday ,07 December

Global growth of Islamic finance calls

GMT 08:45 2016 Wednesday ,07 December

Brexit deal needed by October 2018

GMT 08:02 2016 Wednesday ,07 December

Israel knew of Iran link in sub deal

GMT 09:45 2016 Tuesday ,06 December

OPEC, non-OPEC members meet

GMT 12:11 2016 Friday ,02 December

To step aside, stay as chairman

GMT 10:49 2016 Tuesday ,29 November

Trump, Brexit causing uncertainty

GMT 05:57 2016 Saturday ,26 November

Plan to save Saudi construction firm

GMT 16:54 2016 Wednesday ,23 November

Iraq to up crude output because gap
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today The summer school raising aspirations

GMT 12:49 2016 Tuesday ,06 December

The summer school raising aspirations
Arab Today, arab today Vanessa Redgrave makes directing

GMT 10:52 2016 Tuesday ,06 December

Vanessa Redgrave makes directing
Arab Today, arab today Indonesia expands protection

GMT 11:39 2016 Tuesday ,06 December

Indonesia expands protection
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Hyundai allows Saudi journalists

GMT 15:14 2016 Thursday ,01 December

Hyundai allows Saudi journalists
Arab Today, arab today Latest Infiniti QX to compete

GMT 13:16 2016 Saturday ,26 November

Latest Infiniti QX to compete
Arab Today, arab today It's a squeeze, but Paris Impressionist

GMT 12:06 2016 Saturday ,03 December

It's a squeeze, but Paris Impressionist
Arab Today, arab today To battle Japanese whaling fleet

GMT 11:53 2016 Monday ,05 December

To battle Japanese whaling fleet

GMT 12:58 2016 Friday ,02 December

Trump, politics on the mind

GMT 13:00 2016 Monday ,05 December

Dubai Women Establishment delegation

GMT 04:15 2016 Thursday ,30 June

World's largest uncut diamond fails

GMT 13:01 2016 Thursday ,01 December

Green groups pressure Spain

GMT 15:59 2015 Wednesday ,27 May

Seoul elevates gardening to high art

GMT 12:39 2016 Saturday ,26 November

Skin patch could help kids

GMT 13:17 2016 Friday ,25 November

Ajman Tourism launches time capsule

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 09:53 2016 Sunday ,15 May

OMEGA official timekeepers
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

Powered and Developed by FilmMatters

Copyright © 2016 Arabtoday

Developed by FilmMatters

© 2016 Arabtoday

arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabtoday, Arabtoday, Arabtoday