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Sunday, June 24, 2012

Schaeuble says "no" to throwing money at euro crisis

Germany's Finance Minister Schaeuble talks to the media as he arrives to attend an eurozone finance ministers meeting in LuxembourgBERLIN (Reuters) - Throwing more money at the eurozone debt crisis will not solve the problem because the troubles have to be resolved at the cause, German Finance Minister Wolfgang Schaeuble said on Sunday. Schaeuble also said in an interview with German TV network ZDF that Greece has not done enough to fulfill promises it made in exchange for bailout funds. Schaeuble also criticized the recent interventions by U.S. President Barack Obama. "We have to fight the causes," Schaeuble said. ...



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