Sunday, April 26, 2015

Schäuble: ‘Plan B? Also plan for German unification, we could not say anything “- The Standard

The German Finance Minister Wolfgang Schaeuble can own words impossible to answer the question whether the euro zone a ‘plan B’ behind the hand is in case Greece needs the currency union abandoned. That same kind of secrecy was in his time also required the German unification.

Schäuble made his statement in the Latvian capital Riga where European finance ministers were two days together. A politician with responsibility ask if there is such a thing as a Plan B for Greece, set him in a dilemma, Schaeuble told journalists.

“The situation in Greece is what she is,” was the. Of course it is all done to avoid Grexit, ‘but whether anything we can do the desired result, it did not answer. ” The responsibility for resolving the crisis lies with the Greeks, Schäuble said.

In order to explain his position, he drew a comparison with the secrecy was necessary in 1989 when the plans for the German unification were drawn. “If at the time a responsible minister – and I was one of them – would have said that we had a plan for unification, probably had told the world:” The Germans

have gone crazy. “

“The devil is in the details

In Riga led the finance ministers of the eurozone Friday the pressure on Greece to reach an agreement with to get their international lenders further. They want all future negotiations be conducted in Athens and the Greek ministers more involved. It is unclear how long it still saves Greece without new external financing.

On the last day of their Ecofin meeting sewed the 28 EU ministers Saturday their support to the proposal from the European Commission to the information of national tax agreements (rulings) to exchange with other Member States. The proposal must still be negotiated. “The devil is in the details,” said a diplomat.

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