Andrew Schauble

The German budget committee is expected to sanction the release of the 8.5bn euro tranche to Greece later Wednesday. The German Finance Minister, Wolfgang Schauble sent a letter calling on MPs of the coalition party to support the deal, which he dubbed a “good and realistic package” for Greece, according newspaper Handelsblatt. The newspaper reports that Mr.

Arriving at the EuroGroup meeting, German Finance Minister Wolfgang Schauble predicted that there would be a deal on the Greek matter and the next scheduled tranche would be released.

German Finance Minister Wolfgang Schauble expressed his concern in the event Turkish President Tayyip Erdogan was victorious on the April 16 referendum. Mr. Schauble said that if the Turkish President prevailed in the referendum the danger of a dictatorship being implemented in the country was real.

German Finance Minister Wolfgang Schauble said the current situation in Turkey was “pathetic”, commenting on the prospect of Germany reassessing Turkey’s request for financial aid. “Turkey has to guarantee that all the necessary requirements are present that would allow the country to receive financial aid”, Mr. Schauble stressed.

Government spokesman Dimitris Tzanakopoulos has blamed German Finance Minister Wolfgang Schaeuble for the failure to complete the second review of Greece's bailout program.

"Exclusive responsibility for the delay right now lies with [Schauble], with his constant ambivalence and indecisiveness," Tzanakopoulos said in an interview with Newport.gr website Monday.

According to Handelsblatt the German government is processing an alternative plan should the IMF chooses to leave the Greek program, something that becomes increasingly possible as time passes by.

German Finance Minister Wolfgang Schauble stressed that Greece should find some counter measures, if it could not cut pensions, Wednesday. On the matter of the sustainability of the Greek debt he said that it was ‘something, unfortunately that would be discussed later’. Schauble underlined that Athens should try to achieve its aim and close the assessment by the institutions in April.

German Chancellor Angela Merkel expressed her reservations to Greek PM Alexis Tsipras in a phone conversation, Tuesday about the success of the deal struck between Greece and the creditors. Sources say she unequivocally stated she was not aware of the details of the new deal and recommended the possibility of new interim ‘bridge-loan’ not be taken off the table.

In an interview to German Handeslblatt French Finance Minister Michel Sapin blasted his German counterpart Wolfgang Schauble on his plan for a temporary Grexit. Sapin points out that Schauble is in the wrong on the Greek issue, adding “…he contradicts his own will for Europe”.

The German Finance Ministry denied rumors today in the German media that Finance Minister Wolfgang Schauble was considering resigning from his post because of a difference of opinion on the Greek matter with German Chancellor Angela Merkel.