euro

Economist warns: Grexit is not the answer

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.

euro

Finance Ministry: 'Greece must bring exact plan'

UPDATE: A German Finance Ministry spokesman said on Wednesday afternoon that Wolfgang Schäuble would expect "exact" proposals from Greek Prime Minister Alexis Tsipras.

brussels

Schäuble warns Greece and woos Britain

German Finance Minister Wolfgang Schäuble said he could not categorically rule out a Greek debt default as Athens negotiates with its creditors, US and French newspapers reported on Wednesday.

brussels

Schäuble: Euro-meet won't reach Greece deal

Greece pushed Europe on Monday to back its reform plans and free up cash before a huge repayment to the IMF, but foreign minister Wolfgang Schäuble warned there would be no bailout deal yet.

brussels

Schäuble rejects Greek bailout without reforms

UPDATE: A spokesman for Finance Minister Wolfgang Schäuble said on Wednesday that any extension of international loans to Greece beyond the end of the month was "inextricably" linked to reforms agreed to by Athens under its current bailout.

Angela Merkel

Greek FM calls for Berlin talks on debt deal

New Greek Finance Minister Yanis Varoufakis said on Sunday he would like to hold talks "soon" in Berlin and Frankfurt to explain his austerity-hit country's position on the repayment of its debt.

Election

'Stick to the plan': Germany to Greece

UPDATE:German Chancellor Angela Merkel expects the new Greek government to uphold its commitments to international creditors, her spokesman said Monday after the electoral triumph of Greece's anti-austerity leftists Syriza.