Schaeuble on Greece
Greek Austerity Proposals Not Enough
February 10, 2012
A new shock wave of risk aversion hit markets as EU finance ministers rejected the Greek proposed reforms for being insufficient. German Finance Minister Schaeuble projected that Greek debt to GDP would still reach 136% in 2020, 16 percentage points higher than target. Other market depressants overnight stem from disappointing Chinese data and the Reserve […] More
