Grexit scenario has 'lost its horror,' Roesler says
Germany's vice chancellor is questioning whether Greece can fulfill the conditions to receive further international aid and says the idea of it leaving the euro has "lost its horror."
Philipp Roesler, who is also economy minister, leads the Free Democratic Party, the junior partner in Chancellor Angela Merkel's coalition. It often talks tough on Europe's debt crisis.
Roesler's comments come as Greece's debt inspectors examine whether Athens has implemented enough reforms and budget cuts to merit more help.
Roesler told ARD television Sunday he is "more than skeptical" and that, if Greece doesn't fulfill the conditions, «there can be no further payments to Greece."
He added: "I think that for many experts, for the FDP, for me too, a Greek exit from the eurozone has long since lost its horror." [AP]
A total of 218 offshore companies are currently being inspected by tax authorities in Athens, according to a document submitted to Parliament on Tuesday by Deputy Finance Minister Giorgos Ma...
By Harry Papachristou
Gazprom is squeezing Athens for better terms to buy DEPA, Greece's sole retail gas distributor, a Greek official said, as the Russian gas export monopoly leverages its ...
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
Dividing lines – less so between political parties and more so between political cultures and ideologies – do not go away as easily as some would like to think. In the case of Greece, politi...
Prime Minister Antonis Samaras’s recent official visit to China aimed at attracting foreign investment and meeting with his Chinese counterpart proved to be highly successful.
The image of t...