German Finance Minister Schaeuble on Greece

The video discusses the Greek bailout plan, initiated in 2010 with IMF participation. It covers the program's agreement in 2015, political challenges faced by the Greek government, and the need for implementation. The speaker expresses hesitations about joining due to Greek authorities' issues. The video also highlights legislative requirements and negotiation aspects, particularly involving the German Parliament's role if program changes are needed.

What year did the Greek bailout program initially begin?

• 2008

• 2015

• 2012

• 2010

Why did the Greek Prime Minister run for re-election?

• To change the government structure

• To gain public support for the bailout

• To oppose the bailout terms

• To implement new policies

What is the main reason for the IMF's hesitation to join the Greek bailout program?

• Opposition from other countries

• Political instability in Greece

• Concerns about Greek authorities

• Lack of funds

What would happen if Greece fails to meet the program's conditions?

• The IMF would take over the program

• The program would end

• The program would continue unchanged

• A new program would be negotiated

What is required in Germany for any changes to the Greek bailout program?

• Consent from the IMF

• Permission from the German Parliament

• A public referendum

• Approval from the European Union