Post originally appeared on Keep Talking Greece.
Well… German Finance Minister Wolfgang Schaeuble is disappointed by the Greek government… And after five years of crisis, he came to the stunning conclusion that “the reason for Greece’s debt problems was that the country lived far beyond its means in the past.
He said on Monday that “the new Greek government destroyed all the trust that had been rebuilt in the past.”
Speaking at a panel in Berlin, Schaeuble also said that he did not expect Athens to keep its election promise to introduce higher taxes on ship owners. “Even a radical leftist government won’t keep that promise,” the conservative minister said.
Schaeuble reiterated his view that the reason for Greece’s debt problems was that the country lived far beyond its means in the past.
OK. We have heard this platitude by Schaeuble quite many times since 2010. Nothing new, nothing important and nothing thoughtful. And nothing, not a single sentence adding solution to the problem.
Anyway, Schaeuble made his point, just a couple of hours after chancellor Angela Merkel had spoken with Prime Minister Alexis Tsipras and invited him to Berlin.
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