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BBC: Greece crisis: Germany's Schaeuble warns over reform (30 December 2014)
German Finance Minister Wolfgang Schaeuble said there was "no alternative" to structural changes.

...

Mr Schaeuble warned that things could become difficult if Greece took a "different path".

"New elections change nothing about the agreements that the Greek government has entered into," the eurozone's most powerful finance minister added. "Any new government must stick to the contractual agreements of its predecessors."

Pacta sunt servanda.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Tue Dec 30th, 2014 at 05:28:12 AM EST

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