Greece is due to repay billions of euros in debt this summer. International creditors are sending inspectors to check on the country's finances next week.
The SPD's Olaf Scholz, Hamburg's former mayor, has been appointed Germany's new finance minister. Who is the man taking over from Wolfgang Schäuble and what does this mean for Germany's austerity stance? DW takes a look.
With Europe's savings commissar Wolfgang Schäuble set to be replaced by Social Democrat Olaf Scholz as the new German finance minister, hopes for a policy change are rising on the eurozone's debt-laden periphery.
Greece's creditors have concluded a first round of fresh bailout inspections to assess reforms. Even if deadlines are met, a shattered economy and battered public trust will linger behind, says Anthee Carassava.
Greece's parliament has voted to approve a package of reforms demanded by the country's international lenders in return for fresh bailout funds. But many Greeks turned out to protest against the measures.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version