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In response I told Wieser that unless we received a sign from the creditors
that they were serious about a compromise on the reform agenda and a
sensible fiscal policy made possible by meaningful debt restructuring, we
would not reach 30 April without a default to the IMF. ‘Independently of our
…

As we were making our way to lunch, I spotted a canteen where some employees were taking a break and broke away from my hosts to speak to them. They shook my hand and smiled a lot, but when I asked them about working for Cosco they were coy. ‘It’s good,’ was about as much as they were willing to sa…

‘Greek shipyards are dying, and skills acquired over millennia are dying with them,’ I told the ambassador. So I proposed, in a second phase of collaboration, that Cosco and other Chinese companies should invest in our three main shipyards, turning them into repair hubs for the container ships that…

As he spoke, Schäuble directed a piercing look at Sapin. ‘Elections cannot be
allowed to change economic policy,’ he began. Greece had obligations that
could not be reconsidered until the Greek programme had been completed, as
per the agreements between my predecessors and the troika. The fact t…

[...] his theory that the ‘overgenerous’ European social model was no
longer sustainable and had to be ditched. Comparing the costs to Europe of
maintaining welfare states with the situation in places like India and China,
where no social safety net exists at all, he argued that Europe was losin…