The package of pension cuts and tax hikes approved by Greek lawmakers to obtain more credit is controversial. As it stands, the country is already weighed down with massive debt. The goal is to save between 2.5 and 3 percent.
German Finance Minister Wolfgang Schäuble, a seasoned stickler, is bidding farewell after eight years. Though anyone in the EU looking forward to a future of more debt may be cheering too soon, writes Bernd Riegert.
Greeks have long viewed the German finance minister as a symbol of failed austerity policies. But Athens is by no means joyful now that Wolfgang Schäuble is leaving after eight years in office, says Jannis Papadimitriou.
Greek Prime Minister Tsipras has said his country is no longer in danger of Grexiting - leaving the EU - and is seeing an inward investment boom. He said he is hopeful after nine years of recession, but questions remain.
When it comes to gender equality, Sweden and Denmark topped the list in a recent EU report while Greece and Hungary came in at the bottom. Germany finished in the middle of the field.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version