Debt-ridden Greece doesn’t KNOW what it’s doing: German minister makes HUGE dig at Greeks

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Wolfgang Schäuble has earned Greece doesn't know what it's thinking

Federal Minister of Finance Wolfgang Schäuble accused the stricken Mediterranean country of shirking its responsibility to turn its economy around.

Greek prime minister Alexis Tsipiras is in a race against time to prove to the European Union that he is capable of turning the country’s capital markets to profit while keeping to his commitments on €86billion in loans.

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reece’s crumbling position has raised fears that the country could still collapse

I do not know what the Greek government is thinking that it so far has not done what it has committed itself to so many times

Federal Minister of Finance Wolfgang Schäuble

But Mr Schäuble said: "I do not know what the Greek government is thinking that it so far has not done what it has committed itself to so many times.”

The stricken Mediterranean country remains the biggest threat to the future of the EU despite seven years of gruelling recession and austerity imposed from Berlin and Brussels.

Greece’s crumbling position has raised fears that the country could still collapse, dragging the Euro currency down with it.

And now two years after he pledged to end "austerity" and fight back against "humiliation and suffering"the Greek leader has failed to live up to his pledges.

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There are fears for the eurozone

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Euro finance ministers have urged Greece to speed up the reform process because of approaching elections in the Netherlands and France.

Eurogroup CEO Jeroen Dijsselbloem said: "A quick conclusion of the ongoing second review is in everyone's interest.”

Cracks are starting to appear in the Eurozone as upcoming elections in the Netherlands and France fast approach.

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Greek prime minister Alexis Tsipras is under pressure to pull his country from the ruins

Sven Giegold, from the Green European delegate, said: “The Eurogroup has to agree to resume negotiations with Greece as soon as possible before the election marathon in the Netherlands, France and Germany.

"We must prevent Greece from slipping back into a crisis like the summer of 2015, when the country was on the verge of bankruptcy.”

It comes after the Federation of Greek Enterprises (SEV) this week warned in its most recent bulletin of a risk for country's exit from the European Union.

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