Greece must decide whether to proceed with the necessary adjustment of the economy in the eurozone
In an interview with the German newspaper Frankfurter Allgemeine German Finance Minister Wolfgang Schaeuble stressed that Greek society needs to answer the question whether it prefers to proceed with the necessary adaptation process to stand in the global economy within or outside the monetary union.
The Schäuble explained that: "Each country must now demonstrate that it is able to manage the adjustment process, which is necessary to stand in the globalized economy."
Referring specifically even in Greece, the German minister said: "The Greek society has to answer the question whether it prefers to proceed with this adjustment process as a member of a monetary union in which there is the tool of external devaluation."
According to Schäuble, "the Samara government was on the right track. Mr. Tsipras understood and used the growing concern of the Greek people because of the burden of this adjustment and promised the Greeks: We will remain in the euro, but without a plan and without adjustment. This was a promise which of course Tsipras was unable to observe. Then she took him six months to do the opposite. "
When asked if Germany and he took a leading role in the negotiations between the EU countries and Greece, German Finance Minister replied: "I do not think so," adding that "the Eurogroup we agree."
Moreover Schaeuble explained and his proposal to create a two-speed Europe, noting that all countries "can not or do not want to achieve the same integration steps at the same time."
"Our goal was never to divide Europe, but wanted a Europe with a degree of flexibility," said he.
"In the future we must seriously think about the relationship of the monetary union with our partners in the EU outside the euro area," said Schaeuble, explaining that in this direction "must find solutions particularly with our British friends. I can not imagine an EU without Britain, and of course this is not in the interest of Germany. "
Can some people in Europe consider that Germany has a leading role, but Schauble has a different view.
"We are financially strong, we are the most populous country, we have a central position in Europe and therefore a central role (...). But we are not a permanent member of the UN Security Council, we are a nuclear power and the German society also wants to take this kind of political leadership. "
However he added that "we must take some responsibility, and so it is smart to do a lot in common with France. Even better would be if you took part and Britain '
"We take seriously our responsibility to us in Europe, but we can take the lead ourselves," concluded Schaeuble.
In an interview with the German newspaper Frankfurter Allgemeine German Finance Minister Wolfgang Schaeuble stressed that Greek society needs to answer the question whether it prefers to proceed with the necessary adaptation process to stand in the global economy within or outside the monetary union.
The Schäuble explained that: "Each country must now demonstrate that it is able to manage the adjustment process, which is necessary to stand in the globalized economy."
Referring specifically even in Greece, the German minister said: "The Greek society has to answer the question whether it prefers to proceed with this adjustment process as a member of a monetary union in which there is the tool of external devaluation."
According to Schäuble, "the Samara government was on the right track. Mr. Tsipras understood and used the growing concern of the Greek people because of the burden of this adjustment and promised the Greeks: We will remain in the euro, but without a plan and without adjustment. This was a promise which of course Tsipras was unable to observe. Then she took him six months to do the opposite. "
When asked if Germany and he took a leading role in the negotiations between the EU countries and Greece, German Finance Minister replied: "I do not think so," adding that "the Eurogroup we agree."
Moreover Schaeuble explained and his proposal to create a two-speed Europe, noting that all countries "can not or do not want to achieve the same integration steps at the same time."
"Our goal was never to divide Europe, but wanted a Europe with a degree of flexibility," said he.
"In the future we must seriously think about the relationship of the monetary union with our partners in the EU outside the euro area," said Schaeuble, explaining that in this direction "must find solutions particularly with our British friends. I can not imagine an EU without Britain, and of course this is not in the interest of Germany. "
Can some people in Europe consider that Germany has a leading role, but Schauble has a different view.
"We are financially strong, we are the most populous country, we have a central position in Europe and therefore a central role (...). But we are not a permanent member of the UN Security Council, we are a nuclear power and the German society also wants to take this kind of political leadership. "
However he added that "we must take some responsibility, and so it is smart to do a lot in common with France. Even better would be if you took part and Britain '
"We take seriously our responsibility to us in Europe, but we can take the lead ourselves," concluded Schaeuble.
