German parliament approve Greek bailout extension

Last Updated: Friday, February 27, 2015, 17:59

Germany`s parliament approved an extension of Greece`s bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised he would not let Greece "blackmail" its euro zone partners.

Schaeuble urges German lawmakers to extend Greek bailout

Last Updated: Friday, February 27, 2015, 14:47

German Finance Minister Wolfgang Schaeuble urged parliament on Friday to take what he acknowledged was a difficult decision and approve an extension of Greece`s bailout.

Ten days that shook the euro; how Greece came to the brink

Last Updated: Monday, February 23, 2015, 13:10

It was not just German opposition. The new Greek found itself without a single firm ally among 18 euro zone peers in its drive to reverse austerity and renegotiate its debt pile.

Greek banks would have collapsed in days without deal - Irish finance minister

Last Updated: Saturday, February 21, 2015, 21:39

Greece`s banking system would have collapsed within days had Athens not compromised significantly and struck a funding agreement with euro zone ministers, Irish Finance Minister Michael Noonan said on Saturday.

Greece says euro zone deal won time as cash bled from banks

Last Updated: Saturday, February 21, 2015, 16:35

Greece`s left-wing government insisted on Saturday it had avoided being "strangled" by the euro zone, which agreed in principle to extend a financial rescue deal as nervous savers pulled huge sums from Greek banks.

Germany balances budget for first time since 1969

Last Updated: Tuesday, January 13, 2015, 16:25

The German government managed to balance its books for the first time since 1969 in 2014 and a year ahead of target, the finance ministry said Tuesday.

Euro crisis not over: German finance minister

Last Updated: Saturday, February 2, 2013, 13:17

German Finance Minister Wolfgang Schaeuble on Friday warned of complacency about the improvements made in eurozone, saying that the crisis is not over.

Worst of crisis behind us: German finance minister

Last Updated: Friday, December 28, 2012, 17:32

German Finance Minister Wolfgang Schaeuble has said the worst of Europe's debt crisis seemed to be over, showing his optimism about the German economy in the coming year.

Germany rules out possibility of Greece's EU exit

Last Updated: Monday, October 15, 2012, 12:45

German Finance Minister Wolfgang Schaeuble has for the first time ruled out the possibility of debt-stricken Greece sliding into bankruptcy or leaving the euro zone.

Geithner, Schaeuble emphasise need for cooperation for growth

Last Updated: Tuesday, July 31, 2012, 12:38

The United States and Germany will continue to work together closely with their partners to stabilise the economies in Europe and around the world, US Treasury Secretary Timothy Geithner and German Finance Minister Wolfgang Schaeuble said in a joint statement.

German minister says no to Spain’s aid request

Last Updated: Saturday, July 28, 2012, 19:57

Asked about talk that Spain could soon make an application for the eurozone rescue fund to buy bonds, he replied, "There is nothing to this speculation."

Ten EU nations to press ahead with market transaction tax

Last Updated: Saturday, June 23, 2012, 12:35

Germany and nine other European Union nations will press ahead with plans to introduce a financial market transaction tax, following failed attempt for an agreement to levy it across the EU.