Wolfgang Schäuble views himself as the architect of a new union in Europe. He views the EU in its current form as non-functional and is committed to establishing a political union, led by Germany and followed by other states, DWN wrote.
Schäuble wants to prove that one can reach one’s destination with diligence, discipline and perseverance. When former Greek Finance Minister Yanis Varoufakis mentioned that one could no longer play by the old rules, Schäuble remained steadfast and went his own way.
We have agreements, and they must be respected — no matter who is in power and what one has promised his position was.
As result of the summit, parties managed to reach an agreement. According to it, Greece may get 86 billion euros over the next three years if it conducts the necessary reforms.
However, it is extremely unlikely that the deal will be successful. A Grexit, in turn, is still a very likely option.
With the withdrawal of Greece from the Eurozone, Schäuble is seeking to send southern states a clear message: Think about what you want. Either you adhere to the rules voluntarily, or we force you to do it anyway, DWN wrote.