Police deployed on to the streets of Athens as German finance minister Wolfgang Schaeuble visits Greece

Wolfgang Schaeuble is visiting the austerity-ridden country today to offer a further €100m euros of funding, however many blame Germany for the country's economic woes

Some 3,500 police have been deployed on to the streets of Athens today in expectation of protests as German finance minister Wolfgang Schaeuble makes his first visit to the country since 2009.

Mr Schaeuble is visiting Greece, which is in its sixth year of recession, to offer a €100m for fund to promote economic growth.

With unemployment in the country at nearly 27 per cent - more than double the eurozone average of 12.2 per cent -  many see Germany to blame for forcing cuts in return for multi-billion euro bailouts.

Speaking on German TV yesterday evening, Mr Schaeuble said: "My visit comes at the request of the Greek Prime Minister to show that we trust Greece, that we want to do everything we can bilaterally to support Greece on its difficult path."

"I'm not the super-troika," he added, referring to the partnership of the IMF, the European Central Bank and the European Commission set up to address the economic issues facing southern Europe.

Many in Greece feel that German Chancellor Angela Merkel is stalling a debate on further debt relief for Greece until after federal elections in September. She has said that she does not see the need for a fresh "haircut" any time soon.

While echoing these sentiments, Mr Schaeuble has not ruled out a fresh aid programme, saying that international lenders may have to step in after the current one expires at the end of next year.

Germany is keen to maintain its image amongst the southern European countries, many citizens of which view their northern neighbour as setting an agenda of austerity, as social and political unrest grows.

One headline in an Athens newspaper made reference to wartime reparations, that many Greeks feel Germany owe to them. "Mr. Schäuble, Bring Back What You Stole!" it read in German.

"I can understand the people in Greece," Mr Schaeuble said, while reiterating that reforms offered the only path to a sustainable future for the Greek economy.

"You won't get the yacht owners and the super-rich because they don't have their place of residence in Greece anymore. That's always the case. World history is never totally fair. Of course that annoys me," he added.

Germany has recently moved to more bilateral agreements within the eurozone, announcing a grant of roughly €1bn (£860m) to small and medium-sized companies in Spain. Mr Schaeuble indicated that the deal could provide a model for future dealings with other countries, particularly Portugal.

Greece last week received a further lifeline from the IMF and eurozone. However patience is waning, as the country is seen to have not kept its side of the bargain by failing to make reforms, despite being supported by emergency funds since May 2010.

PROMOTED VIDEO
Arts and Entertainment
All in a day's work: the players in the forthcoming 'Posh People: Inside Tatler'
TVGrace Dent thinks we should learn to 'hug a Hooray Henry', because poshness is an accident of birth
News
Jeremy Paxman has admitted he is a 'one-nation Tory' and complained that Newsnight is made by idealistic '13-year-olds' who foolishly think they can 'change the world'.
peopleFormer Newsnight presenter is being touted for a brand new role
News
The two-year-old said she cut off her fringe because it was getting in her eyes
news
Arts and Entertainment
Avatar grossed $2.8bn at the box office after its release in 2009
film
Sport
football
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Day In a Page

Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

Most of us would prefer to die in our own beds, with our families beside us. But, as a GP, Margaret McCartney sees too many end their days in a medicalised battle
Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

What does it take for women to get to the top?

Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

Simmy Richman visits Jack Masters, the company behind this year's multicultural must-have
French chefs have launched a campaign to end violence in kitchens - should British restaurants follow suit?

French chefs campaign against bullying

A group of top chefs signed a manifesto against violence in kitchens following the sacking of a chef at a Paris restaurant for scalding his kitchen assistant with a white-hot spoon
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

Radio 4 to broadcast 10-hour adaptation of War and Peace on first day of 2015
Cuba set to stage its first US musical in 50 years

Cuba to stage first US musical in 50 years

Claire Allfree finds out if the new production of Rent will hit the right note in Havana
Christmas 2014: 10 best educational toys

Learn and play: 10 best educational toys

Of course you want them to have fun, but even better if they can learn at the same time
Paul Scholes column: I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season

Paul Scholes column

I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season
Lewis Moody column: Stuart Lancaster has made all the right calls – now England must deliver

Lewis Moody: Lancaster has made all the right calls – now England must deliver

So what must the red-rose do differently? They have to take the points on offer 
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game