Axar.az
UP

Axar.Az Logo

Schaeuble criticizes foreign mininister

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto

German Finance Minister Wolfgang Schaeuble on Friday criticized Foreign Minister Sigmar Gabriel for saying Germany should provide more money for Greece and the European Union overall.

Debt-laden Greece has struggled to implement reforms in return for financial support, much of which has come from the EU. Germany, a major contributor to the EU's aid for Athens, holds elections in September.

Gabriel, vice chancellor and a senior member of the Social Democrats (SPD) - junior partner in Chancellor Angela Merkel's ruling coalition - said on Twitter: "In the next debate on Europe's finances we could do something 'outrageous' - namely signal willingness to pay more." And during a visit to Greece he held out the prospect of more aid for the troubled country.

Schaeuble, a veteran member of Merkel's Christian Democrats (CDU), told Deutschlandfunk radio that Gabriel's suggestion to give the EU and Greece more cash "goes in the wrong direction completely" and sent the wrong message.

"I was annoyed that while in Greece Mr Gabriel gave the Greeks a message that doesn't help the Greeks but rather makes it more difficult for them to make the right decisions," Schaeuble said.

He said that saying Germany must give more money to the EU would not solve the problem and would give countries the wrong incentive. He added that the problem in Europe, like in Greece, was not money but rather using it correctly.

On whether Greece can stay in the euro zone, Schaeuble said: "Greece can only do that if it has a competitive economy."

He said the country needed to carry out structural reforms and Greece would need time for that, which it would be granted.

"But if the time is not used to carry out reforms because that's uncomfortable, then that's the wrong path," Schaeuble said.

Disagreements among Greece, the EU and the IMF, which has yet to decide whether it will participate in the country's current bailout, have delayed a crucial review of the aid program.

Date
2017.03.24 / 16:44
Author
Axar.az
Comments
See also

Romania to send new ambassador to Azerbaijan

The British Minister congratulated Azerbaijani women

Korybko: This is the Turkish-Pakistani connectivity`s key

Jeyhun Bayramov congratulated Azerbaijani women

Mehriban Aliyeva congratulated the women

The United States is besieging China

The Non-Aligned Movement adopted the COVID-19 vaccine

This decision of Egypt is a very important - Akar

Bayramov spoke with his Uzbek counterpart

Diplomatic corps` representatives in Gubadli and Lachin

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla