20.02.2015 - 07:45 [ Keep Talking Greece ]

Time for Schaeuble to go home: German op-eds speak of “lost contact to reality”

The decision of German Finance Minister Wolfgang Schaeuble to reject right away the Greek request for extension of the loan agreement has stunned every one: officials in EU and the IMF, journalists, and even Schaeuble German coalition partners. In a psychologically, economically and politically hard to explain reaction, FinMin Schaeuble showed to the world that Germany can speak for the whole of the Eurogroup without even bothering to ask his colleagues about their opinion.