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(16 Apr 2015) RESTRICTION SUMMARY: AP CLIENTS ONLY SHOTLIST AP TELEVISION - AP CLIENTS ONLY Washington, DC - 16 April 2015 1. German Finance Minister Wolfgang Schauble (left) at the Brookings Institution 2. Close of Schauble at discussion, UPSOUND (English) Unidentified panellist: "Yesterday you mentioned that despite all the headlines about Greece that there had been very little contagion in the bond market from the higher yields in Greek bond market to the periphery of Europe. Did you mean to suggest by that Europe is now strong enough to lose a member from the eurozone that can't do its homework"; Schauble: "No" 3. Wide of discussion 4. SOUNDBITE (English) Wolfgang Schauble, German Finance Minister (in response to question of whether Europe is strong enough to lose Greece
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(16 Apr 2015) RESTRICTION SUMMARY: AP CLIENTS ONLY SHOTLIST AP TELEVISION - AP CLIENTS ONLY Washington, DC - 16 April 2015 1. German Finance Minister Wolfgang Schauble (left) at the Brookings Institution 2. Close of Schauble at discussion, UPSOUND (English) Unidentified panellist: "Yesterday you mentioned that despite all the headlines about Greece that there had been very little contagion in the bond market from the higher yields in Greek bond market to the periphery of Europe. Did you mean to suggest by that Europe is now strong enough to lose a member from the eurozone that can't do its homework"; Schauble: "No" 3. Wide of discussion 4. SOUNDBITE (English) Wolfgang Schauble, German Finance Minister (in response to question of whether Europe is strong enough to lose Greece
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Yanis Varoufakis considers the following as important:
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| (16 Apr 2015) RESTRICTION SUMMARY: AP CLIENTS ONLY SHOTLIST AP TELEVISION - AP CLIENTS ONLY Washington, DC - 16 April 2015 1. German Finance Minister Wolfgang Schauble (left) at the Brookings Institution 2. Close of Schauble at discussion, UPSOUND (English) Unidentified panellist: "Yesterday you mentioned that despite all the headlines about Greece that there had been very little contagion in the bond market from the higher yields in Greek bond market to the periphery of Europe. Did you mean to suggest by that Europe is now strong enough to lose a member from the eurozone that can't do its homework"; Schauble: "No" 3. Wide of discussion 4. SOUNDBITE (English) Wolfgang Schauble, German Finance Minister (in response to question of whether Europe is strong enough to lose Greece from eurozone): "Whatever will happen in Europe, we will not take the risk to endanger the stability of the global economy." 5. Wide of discussion 6. SOUNDBITE (English) Wolfgang Schauble, German Finance Minister: "Today, the Greek government has total different challenges, huge challenges, I would never change my job with him (referring to Greek Finance Minister Yanis Varoufakis.) I'm quite happy, (I'm in) a much better position, much more confident by far, but as long as they are telling the problem is debt restructuring today. No, the problem is today that they have to move in a way that Greek economy is becoming a little bit more effective, that Greek economy can deliver increasing part of what Greek people want." 7. Greek Finance Minister Yanis Varoufakis speaking at Brookings Institution 8. SOUNDBITE (English) Yanis Varoufakis, Greek Finance Minister: "We will compromise, we will compromise, and we will compromise in order to come to a speedy agreement. But we are not going to end up being compromised." 9. Wide of discussion 10. SOUNDBITE (English) Yanis Varoufakis, Greek Finance Minister: "The outcome of this negotiation will play a major role in determining whether Europe aids or impedes the rest of the world's efforts and the United States' efforts to put behind them the crash of 2008 and its stubborn repercussions." 11. Wide of discussion STORYLINE Greek Finance Minister Yanis Varoufakis promised on Thursday to compromise in negotiations over the next instalment of a bailout loan that would prevent a default on the country's debts. Yet Varoufakis also denounced some of the reforms demanded by the country's European creditors, suggesting the two sides remain far apart. Speaking at the Brookings Institution, he said Athens would not "end up being compromised". His comments came as Greece's borrowing costs soared amid growing fears of a debt default. Greece is shuffling funds among government agencies and delaying payments to suppliers to repay its loans. Greek officials hope that an agreement can be reached next week, but officials from Germany and other European nations have suggested that's unlikely. German Finance Minister Wolfgang Schaeuble also spoke at Brookings and gave no sign of backing down from his hard-line stance that Greece must agree to sweeping economic reforms. In February, the Greek government, elected on a promise to end crippling austerity measures, was asked to come up with a series of economic reforms to obtain a 7.2 (b) billion euro (7.7 billion US dollars) instalment of its bailout loans. The country has relied on 240 (b) billion euros (258.2 billion US dollars) in such loans since 2010. But the country's creditors, which include the International Monetary Fund, have so far found Greece's proposed reforms insufficient. Clients are reminded: Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/ab3b825070cacdc8a3055db05c1479a9 |