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Germany’s Schaeuble says Greek troubles not EU’s fault

From gulfnews.com

German Finance Minister Wolfgang Schaeuble on Sunday defended Europe’s handling of Greece’s debt crisis, saying there was no easier way to rescue the debt-laden country from crisis. “Unemployment in Greece isn’t the result of European policy. That assertion is a fallacy,” he said in an interview with Greek daily Kathimerini. “Don’t listen to those who say that there was an easier solution,” he said, referring to the harsh austerity measures enforced by the International Monetary Fund and European Union when they bailed out Athens from its debt crisis. Greece, which has only been able to issue short-term bonds since ... (full story)

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