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German Vice Chancellor Balks at Finance Minister's 5-Year Grexit Proposal

© AFP 2023 / Ina FassbenderBottles and cans of vodka lemon Grexit are displayed on June 23, 2015 in Hamm, western Germany
Bottles and cans of vodka lemon Grexit are displayed on June 23, 2015 in Hamm, western Germany - Sputnik International
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Vice Chancellor and Economics Minister Sigmar Gabriel says Woflgang Schaeuble was wrong to advocate Greece’s temporary exit from the European currency zone as Berlin’s official position.

MOSCOW (Sputnik) – German Finance Minister Woflgang Schaeuble was wrong to advocate Greece’s temporary exit from the European currency zone as Berlin’s official position, Vice Chancellor and Economics Minister Sigmar Gabriel said.

"Introducing the idea of a Grexit as a German proposal was, in my view, not reasonable," Gabriel said in portions of an interview with Germany’s Zweites Deutsches Fernsehen (ZDF) television released on Saturday.

Speaking Friday ahead of the German parliament’s vote to approve new talks with cash-strapped Greece over a third bailout package, Schaeuble reiterated his support for the so-called Grexit.

A tourist passes a graffiti in the Plaka tourist district of Athens, Greece - Sputnik International
Schauble Claims Temporary Grexit Better Option for Debt-Ridden Athens
The Bundestag voted in favour of renewed negotiations with Athens over a $95-billion three-year loan by a majority, although scores of Chancellor Angela Merkel’s ruling Social Democratic Party (SPD) colleagues voted to reject talks.

Gabriel, chairman of the SPD, cast aside international criticism of Germany’s role in the Greek crisis and said Berlin was right to demand economic reforms from Athens.

"This will show that the path is correct," he was quoted by the ZDF.

The broadcaster’s full interview with Gabriel is scheduled to air at 7:10 p.m. (17:10 GMT) Sunday.

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