Schäuble was ready to give Greece €50 billion to quit the euro

by Heard in Europe

Schäuble was ready to give Greece €50 billion to quit the euro

German Minister of Finance Wolfgang Schäuble was prepared “to give Greece €50 billion” had Yanis Varoufakis, his Greek counterpart at the time, agreed to his country leaving the eurozone, a high level source who recently spoke to Schäuble has revealed.

The German minister was described by the source like “a true European” who had nothing against Greece, but favoured harsh medicine for a good cause.

Schäuble was reported to assume that the leftist Syriza government would favour leaving the eurozone, a move consistent with its ideology. And he was prepared to put money on the table to encourage it to take this step.

Schäuble was quoted as asking how much Greece wants to leave the euro by France’s Mediapart. This is said to taken place before the 5 July referendum, in which a vast majority of Greeks rejected the international creditors’ proposals.

But according to the information obtained by Heard in Europe, Schäuble had in mind a concrete figure – €50 billion – had Syriza opted for Grexit……

About Kristjan

Defitsiidi terrorismi vastase pataljoni eriüksuslane (finantsignorantsuse vastu võitlemise osakond). Treening: MMT, postkeinsism, Tartu Ülikool Majandusteadus
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