Germany will work closely with Greece's new government under left-wing prime minister Alexis Tsipras, both on its debt troubles and on the migrant crisis, Chancellor Angela Merkel's spokesman said Monday.
German Finance Minister Wolfgang Schäuble, who has taken a hard line on a third Greek bailout, said he was "confident" his eurozone peers would reach an agreement at a meeting Friday.
As more and more countries send positive signals about a possible deal with Greece for a fresh tranche of bailout cash, the resistance of Finance Minister Wolfgang Schäuble is leaving Germany more and more isolated in Europe.
Greece's finance minister announced on Tuesday morning that the Athens government and negotiators sent by the country's creditors had agreed on the shape of a new bailout deal, putting a political showdown on the cards in Germany.
Germany is growing increasingly dubious that a deal on a third bailout for Greece can be sealed this month, the daily Bild reported Thursday citing a government source.
A study released on Tuesday shows that Germany's firm stance on Greek reforms has split European public opinion. But of all the main parties to the negotiations Berlin still fared best in the polling.
French Finance Minister Michel Sapin said in an interview Sunday that his German counterpart Wolfgang Schäuble was "wrong" to propose a temporary withdrawal from the euro for debt-laden Greece, evoking "a clear disagreement".
Joschka Fischer, former German vice-chancellor and foreign minister between 1998 and 2005, unleashed an uncompromising attack on Chancellor Angela Merkel over her Greek policy in an article published by newpspaper Süddeutsche Zeitung on Monday.
A Greek restaurant-owner in Berlin is bringing his homeland's current political crisis to life for customers – by creating a menu based on Greece's financial struggles.
Wolfgang Bosbach, one of the most senior figures in the Christian Democratic Union (CDU), has resigned from his position as chair of the home affairs select committee in protest against the policies of his government towards Greece.
The Bundestag on Friday afternoon approved negotiations on a third bailout for Athens with a clear majority of 439 voting in favour, while 119 MPs voted against the motion.
Finance Minister Wolfgang Schäuble reacted positively on Thursday to news that the Greek parliament had passed the reform package agreed upon between Athens and its creditors.
UPDATE: In an editorial to be published in Die Zeit on Thursday, former Greek Finance Minister Yanis Varoufakis accuses German Finance Minister Wolfgang Schäuble of planning to 'sacrifice' Greece as an example to other eurozone members.
US Treasury Secretary Jacob Lew will travel to Germany and France on Wednesday and Thursday for talks with top officials after the tentative new bailout deal for Greece.
Finance Minister Wolfgang Schäuble said at a meeting in Brussels on Tuesday that talks to unlock a third financial aid package for Greece would be “unusually difficult”, with little room for manoeuvre around strict European rules.
The deal on Greek reforms has been met with horror in certain quarters, as German journalists worry that their government is undermining 70 years of post-war diplomacy.
UPDATE: Eurozone leaders have reached a deal in Brussels after an all-night negotiation to establish preconditions for a new financial aid programme for Greece.
What do ordinary Germans think about who is to blame for the Greek crisis and what can be done to solve it? The Local hit the streets of Berlin to find out.
Updated: Greece's parliament should start implementing the reforms its has proposed to its European creditors immediately to show good faith, a German Finance Ministry spokesman said on Friday.
The European Central Bank should not provide any more emergency liquidity to Greece, the head of the German central
bank said on Thursday, calling for any further financial aid to the debt-wracked country to be put up by governments.
A top German economist has warned that if Greece leaves the euro single currency it will suffer a decade-long depression, urging European leaders to come to a compromise over a third financial aid programme.
Chancellor Angela Merkel's tough stance on Greece plays well with German voters but carries a huge risk, analysts warn - history would likely blame her for a catastrophic "Grexit".
UPDATE: A German Finance Ministry spokesman said on Wednesday afternoon that Wolfgang Schäuble would expect "exact" proposals from Greek Prime Minister Alexis Tsipras.
Renowned economists Thomas Piketty, Jeffrey Sachs and three others urged German Chancellor Angela Merkel on Tuesday to agree to cut Greece's debt to "avoid further disaster".
UPDATE: Chancellor Angela Merkel offered no new insights into her thinking as she arrived in Brussels for a meeting of eurozone government heads on Tuesday, saying that it was up to Greece to make a move and show willing.
