Germany's finance minister has dismissed the idea of governments and other public creditors taking a hit on their Greek debt holdings, arguing that it wouldn't be legally feasible.However ...

Despite years of budget cuts, Greece’s debt burden is higher than when its bailout began in 2010 — over 300 billion euros ($419 billion CAD), or 180 percent of annual GDP — because the ...

Greece's creditors will eventually have to write down the value of the country's debt further, but only after Athens has done the hard work of getting its budget into shape and reforming its ...

Germany's chancellor has ruled out cancelling any of Greece's debt. Angela Merkel says banks and creditors have already made substantial cuts for the troubled eurozone country.

Greece, Germany discuss forty years of debt. Greek Prime Minister Kyriakos Mitsotakis is in Germany for talks with Chancellor Angela Merkel. Ties between the two countries are strained as Berlin ...

Don’t Blame Germany for Greece’s Debt Crisis. 9 minute read. German Chancellor Angela Merkel at a press conference after meeting with Albanian Prime Minister Edi Rama in Tirana on July 8, 2015.

Debt restructuring is needed on the periphery, but core Europe says 'nein' Skip to main content. Search. Newsletters Watchlist. ... Good for Greece, bad for Germany ...

Germany, France, Italy, and Spain have the highest absolute exposure to Greek debt, in that order. However, exposure is well contained and within 5% of most of these countries’ GDPs.

In terms of its debt dynamics, Mr. Lapointe said Germany is “markedly superior” to other European sovereigns. Its deficit is 4.5% of GDP, ... Calling Greece’s debt dynamics “extremely adverse,” Mr.

For German Finance Minister Wolfgang Schauble, “memory” goes back to 2007 when Greece was caught up in the worldwide financial conflagration touched off by American and European speculators.

That means convincing Germany, the country to which Greece owes the most. Truth is, Europe stopped listening to Greece a long time ago. For much of Greece’s nearly decade-long depression, the country ...

The case for Greece: when it forgave Germany’s debt Jul 2, 2015, 1:55 PM FILE - In this Feb. 27, 1953 file photo, the German Debts Agreement is signed in London.