Tag Archives: Wolfgang Schaeuble

4095

German finance minister Wolfgang Schaeuble and Michael Noonan

Wolfy and Wily.

Bad cop. Bad cop.

Mr [Michael] Noonan sided with Germany in warning the provision of day-to-day emergency ECB lending to Greece cannot continue indefinitely.

The Finance Minister was among the toughest contributors in talks on the EU’s response to the Greek crisis.

At a heated finance ministers’ meeting, Mr Noonan and his German counterpart, Wolfgang Schaeuble, argued that the ECB governing council could not keep meeting every day to approve emergency loans to Greece.

But ECB officials told the ministers not to interfere with monetary policies.

Noonan backs Germans in Greek cash standoff Thomas Molloy, Independent.ie)

(AP)