Yes it would.

  • Greek economic transformation like ex-east bloc
  • Greece is increasing its competitiveness
  • More Greek wage flexibility is helping economy
  • Can’t blame Greece’s woes on reform adjustments
  • Bond buyback will shrink debt load significantly
  • Greece only gets aid if it continues reforms
  • Additional measures may be EU development aid
  • Other future Greek measure could be interest cut
  • Speculation of a debt cut would fuel instability
  • A Greek default could lead to total euro breakup
  • Goal is that Greece can one day pay its own debt
  • Greece can only be helped on step-by-step basis
  • Nobody profits more from EU than Germany

Schaeuble ends speech in Parliament.