×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
16
Oct 2026
weather symbol
Athens 17°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> Economy

Schauble: ‘I feel sorry for the Greeks because of their irresponsible govt’

German and French FinMins insist on austerity for Greece ahead of Eurogroup meeting on Monday

Newsroom February 16 09:44

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

“I feel sorry for the Greeks for the irresponsible behavior of their government,” was the eyebrow-raising statement by German Finance Minister Wolfgang Schauble on Monday, hours before a crucial Eurogroup meeting convened in Brussels.

The powerful German FinMin also maintained that he was skeptical about any agreement on the Greece issue at Monday’s Eurogroup.

>Related articles

Greece inflation Hits 5.1% in September as Eurozone Rate Rises to 3.8%

Union of Greek Shipowners donates €700,000 to new chronic care facility in Kilkis

From the Property Ownership Register to new audit centres: AADE’s seven new measures

Speaking to DLF radio station, Schauble said technical-level talks over the weekend didn’t leave much hope for optimism. He reiterated his belief that Greece needs to stay on the path of austerity, while adding, however, that Germany does not wish to see Athens exit the euro zone. Nevertheless, he stressed that the new Greek government should satisfy a bare “minimum of its obligations”.

Schauble said the issue was not a compromise but to “make Greece competitive again”. He said that one of the main areas of difficulty is that a number of countries complain that their standard of living is lower than Greece. Furthermore, he described the European social programs proposed by the Greek side as a “waste of time”.

At the same time, French Finance Minister Michel Sapin said “no” to a new debt haircut for the country. He said the new Greek government needs to respect its European commitments, whereas a write down would send the wrong message. Finally, he stressed that leaving the Eurozone would entail a “huge danger” for Greece and experessed a chance that an agreement would be reached at the Eurogroup on Monday.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

€114m VAT fraud involving smartphones; Arrests in Cyprus, Germany and Italy, searches also in Greece

October 16, 2026

Network of 30 companies, €5.6 million fraud and asset freezes: The case involving Filippos Kampouris

October 16, 2026

“The future of luxury hospitality has people at its heart”: How a top hotel group prioritises employees as much as guests

October 16, 2026

Houthis strike Yemen’s Presidential Palace with missiles and drones: Five dead, Prime Minister & cabinet ministers safe

October 16, 2026

Eight substances found in George Mazonakis’s blood, including cocaine, family-appointed expert says

October 16, 2026

Illegal gambling in Greece: How a criminal ring used rigged software and panic buttons to evade police

October 16, 2026

George Vardinogiannis, known as “The Captain”, dies aged 90

October 16, 2026

Flying cars are here, Tesla says, unveiling new, space-age Roadster that drives upside down and flies (see videos)

October 16, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα