×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
20
Dec 2025
weather symbol
Athens 14°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> 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

“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

Payment and relief map for 2026: What applies to farmers, pensioners, tenants, landowners and employees

Pierrakakis attends G7 meeting of Finance Ministers and Central Bank Governors

Kimberly Guilfoyle: The US invests in projects that bring real benefits to Greece

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

Chain reactions from farmers’ protests – Booking cancellations of up to 50% in Thessaly and Epirus

December 20, 2025

Tsiaras’ statement on farmers’ demands: 74% have already been met, dialogue is a matter of responsibility

December 20, 2025

Rare video shows Domna Samiou teaching Cretan Christmas carols

December 20, 2025

Weather: Rain and drop in temperatures over the weekend – Unstable conditions through Christmas

December 20, 2025

Farmers remain unmoved: Blockades continue through Christmas, toll booths open over the weekend

December 20, 2025

Payment and relief map for 2026: What applies to farmers, pensioners, tenants, landowners and employees

December 20, 2025

Ruthless cartel tactics: Cocaine hidden in tons of manure, submarines, and even rockets attached to passenger ships

December 20, 2025

Regulation of the Ministry of Development ensures basic aid for farmers who have outstanding issues with the Land Registry

December 19, 2025
All News

> World

Embraer’s Eve made the maiden flight of the “flying car,” having received over 3,000 pre-orders

The company aims for certification in 2026 and first deliveries and entry into service in 2027

December 19, 2025

Rubio on the Ukraine peace talks: ‘There is progress, but we have a long way to go’

December 19, 2025

Nick Rainer had been diagnosed with schizophrenia weeks before murdering his parents

December 19, 2025

The Trump administration is preparing to release hundreds of thousands of documents in the Epstein case

December 19, 2025

No more famine in Gaza, but food insecurity remains, says UN

December 19, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα