OTA Berlin Apartments


 

Posts Tagged ‘schauble’

No to ‘Quantitative easing’ – ‘No to privatizing of profits and the socializing of losses’ and ‘No to instant easy-fix solutions’ says German Minister of Finance Wolfgang Schäuble – by OTA-Berlin Constituency Blog contributor Mr W van Coeveren

Thursday, October 13th, 2011
Wolfgang Schaeuble

The German Minister of Finance Wolfgang Schäuble is reported to have said yesterday that non-government private commercial lenders to Greece should either take a hair-cut or be given a hair-cut.
Brussels also wants these private banks to accept ‘haircuts’ – losses- of 30%-50% of their holdings in Greek debt instead of the presently agreed 21%.
In other words private banks should [...] Continue Reading…

German finance minister Schauble warns of fiscal crackdown – Tax Cut Plan of Merkel’s Government not well recieved – Greece’s problems make Germany look good

Friday, December 18th, 2009

Berlin  18 –12 –2009

Wolfgang Schäuble, Germany’s finance minister, has warned of a severe fiscal crackdown after the immediate effects of the economic crisis are over, and has said that combating a budget deficit in these times could not be done using old conventional means.

Experts have been sharply critical of the planned tax cut legislation by Germany’s coalition government of conservative CDU and [...] Continue Reading…