Wolfgang Schäuble

German Finance Minister Wolfgang Schaeuble is working on a proposal that would allow southern eurozone countries to tap into the single currency bloc's bailout fund to boost investments during recessions, a newspaper said on Wednesday.

German Chancellor Angela Merkel, about to return from holiday, has seen her popularity fall by 10 points just six weeks before an election in which she hopes to win a fourth term.

European Commission President Jean-Claude Juncker has said he "fought hard" in 2015 to prevent a Greek exit from the bloc's common currency area out of fear it could unravel the euro, Ekathimerini writes.

European Commission President Jean-Claude Juncker has said he "fought hard" in 2015 to prevent a Greek exit from the bloc's common currency area out of fear it could unravel the euro.

Yanis Varoufakis has lashed out again at Prime Minister Alexis Tsipras, describing him as one who "signs whatever [German Finance Minister Wolfgang] Schaeuble and others bring to him."

Between its loans to Athens and its debt buying programmes, Germany has cashed in to the tune of €1.34bn since the beginning of the Greek crisis.

Germany’s finance ministry has published details of the profits it has made on loans to Greece: €1.34bn since 2009, according to reports by German daily Süddeutsche Zeitung.

German SPD leader Martin Schulz set out plans to boost investment and enhance European unity, accusing Chancellor Angela Merkel of making empty promises.

Schulz also blamed Merkel and Finance Minister Wolfgang Schaeuble for weakening European unity after having led efforts to impose more austerity measures on Greece as part of the eurozone's bailout programs.

German Finance Minister Wolfgang Schaeuble has insisted in an interview that successive Greek governments were to blame for the pension cuts that have been enforced in Greece.

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.

German Finance Minister Wolfgang Schaeuble has said he is not opposed to an open discussion in parliament on the euro zone's decision to give Greece a new credit lifeline - even though internal party opposition may embarrass Chancellor Angela Merkel's conservative party just months before the election.