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Germany May Be Ready to Give Greece Some LeewayGerman Finance Minister Wolfgang Schaeuble hinted his country is willing to allow Greece some leeway as it struggles with the twins tasks of reforming the economy and caring for an influx of refugees.“The financial situation is difficult,” Schaeuble told reporters at a Group of 20 briefing in Shanghai. “Greece is in the situation that it is receiving a lot of solidarity from Germany but not from all the others.”Tensions over the handling of the region’s refugee crisis escalated on Friday as Greece denied an Austrian request for talks and the European Union’s top immigration official warned the deepening discord risks disaster. The divisions are widening ahead of an extraordinary summit of the EU’s 28 leaders on March 7 called to take stock of efforts to secure the bloc’s external frontiers and mitigate the influx of migrants.Underscoring the differing views, Dutch Finance Minister Jeroen Dijsselbloem, who heads the group of euro-area finance ministers, said earlier in Shanghai that “there’s no direct link” between the refugee crisis and reforms in Greece, and that the country has to conclude the bailout program as planned.Merkel wants any agreement at the emergency gathering in Brussels to signal that Greece won’t be left alone by the EU or forced out of the euro because of the new financial burdens, RedaktionsNetzwerk reported, citing senior members of Merkel’s Christian Democratic Union party.
We cannot abandon Greece now, German Chancellor Merkel says"We simply cannot abandon Greece now," German Chancellor Angela Merkel said late on Sunday (28/02) in an interview with German TV ARD.Merkel accused Austria of the situation created at Greek-FYROM borders and underlined that she is in close contact with Prime Minister Alexis Tsipras. "The problem was created because Austria decided to accept up to 80 refugees daily," she stated."We will meet on March 7 to discuss the issue. We did not keep Greece in the eurozone and then abandon a country member of the eurozone and the Schengen with so many problems," she said.
Nato chief: Vladimir Putin 'weaponising' refugee crisis to 'break' EuropeGreece appeals for humanitarian aid as border closures creates backlog of thousands of refugees"We have come to the time when Greece is likely to be sacrificed for the good of the EU," Robert Fico, the Slovak prime minister, said yesterday.He said the Greek Prime Minister had brought the crisis upon himself for failing to set up EU-mandated processing centres."Tsipras, there will be one single hotspot and it will be called Greece," he said. "And it will be your responsibility because you did not do anything on the Turkish-Greek border."
Grexit back on the agenda again as Greek economy unravelsAfter three emergency bailouts and the biggest debt restructuring in history, talk has again turned to the country dropping out of the currency unionEuropean finance ministers will once again deliberate over how to treat Greece’s ongoing debt crisis this week despite the country desperately grappling with refugees pouring across its borders.
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Topic: Migrant crisis to force Grexit? (Read 5533 times)
