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May 11, 2015

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Germany to help Greeks stay in eurozone

GERMANY’S finance minister said in comments published yesterday that Berlin wants to help indebted Greece stay in the eurozone, but warned of the risk of Athens facing sudden insolvency.

“Experience elsewhere in the world has shown that a country can suddenly slide into insolvency,” Wolfgang Schaeuble warned in an interview with the newspaper Frankfurter Allgemeine Sonntagszeitung.

When asked whether Berlin was preparing for such a scenario, Schaeuble said only that “there are some questions that a responsible politician should not answer. Otherwise there will be misunderstandings.” Schaeuble also stressed that Germany “will do everything to keep Greece in the eurozone.




 

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