Greek Rescue

Sticking It to Germany

Greek finance minister Yanis Varoufakis in French magazine Match Source Getty Images 42418579
Still time to play despite Greece's debt problems: Yanis Varoufakis, the Greek finance minister, gave an interview to French magazine Paris Match, and glossy pictures showed him and his wife.
  • Why it matters

    Why it matters

    If Greece loses support from Germany, it may not be able to get European approval for new funds to avert a bankruptcy and euro exit.

  • Facts


    • Greece is still in talks to get another reimbursement of a 240 billion euro rescue package from its international lenders, including Germany.
    • The chance of agreeing on giving financial support “is increasingly become smaller,” a German government source told Handelsblatt.
    • A majority of 52 percent of Germans is currently against Greece staying in the euro zone, compared with 41 percent a month ago, a poll showed on Friday.
  • Audio


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Greek ministers are on a crusade to win support in Germany for the country’s euro bailout, but their deeds and words seem to be doing the opposite.

A video of the Greek finance minister, Yanis Varoufakis, raising his middle finger to Germany was shown on television Sunday, but Mr. Varoufakis said the video, from a 2013 speaking appearance in Zagreb, Croatia, when he was a professor, had been manipulated.

What wasn’t doctored was the Bild newspaper interview on Saturday by the Greek defense minister, Panos Kammenos, who accused the German finance minister, Wolfgang Schäuble, of “poisoning the relations between the two countries” and corruption.

Germany’s willingness to help Greece appears to be fading, although an economist said a last-minute face-saving deal was still likely.

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