FT: A new Greek government emboldened by a popular mandate to discard
the country's hated bailout will come face to face on Thursday with an
intransigent German finance minister determined to make Athens pay its
debts.
The meeting between new Greek Finmin Yanis Varoufakis and his German counterpart Wolfgang Schäeuble marks the climax of a European roadshow in which Greece's leftwing government has sought to win support for its plans to alleviate the country's debt burden.
"Any support for Greece coming from the German government can succeed only in the framework of the [current] programme," said Martin Jäger, Mr Schäuble's spokesman. Last week, Schaeuble delivered an icy warning to Athens that Germany could not be "blackmailed" into refinancing Greece.
On FX, focus on the meeting between German Finmin - eurozone's most powerful - with new anti-austerity Finmin. Coming after ECB Draghi and Varoufakis meeting.
Read more at Click here / www.trade4x.net
The meeting between new Greek Finmin Yanis Varoufakis and his German counterpart Wolfgang Schäeuble marks the climax of a European roadshow in which Greece's leftwing government has sought to win support for its plans to alleviate the country's debt burden.
"Any support for Greece coming from the German government can succeed only in the framework of the [current] programme," said Martin Jäger, Mr Schäuble's spokesman. Last week, Schaeuble delivered an icy warning to Athens that Germany could not be "blackmailed" into refinancing Greece.
On FX, focus on the meeting between German Finmin - eurozone's most powerful - with new anti-austerity Finmin. Coming after ECB Draghi and Varoufakis meeting.
Read more at Click here / www.trade4x.net
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