German Finance Minister Wolfgang Schaueble has once again sounded an audible alarm bell, his message aimed squarely at Greece and France, the two coutries that today are focused on electional clashes, that could well shape the future of the eurozone.

Speaking to Focus magazine on Sunday, he stressed the need for reforms that will spur growth and voiced his disagreement over state funded stimulus packages, echoing Angela Merkel's position on the subject and placing himself firmly opposite French socialist contender Francois Hollande. Expanding on the topic, he said that such packages would only make matters worse, as state debts were the main reason behind the financial crisis.

He also maintained that growth in Germany was made possible through the fact that Germany runs an extremely tight ship.

The timing of his message comes at a time when both France and Greece seem to be leaning towards parties and individuals preaching from a completely different hymn book than that used by Nicolas Sarkozy and Angela Merkel and lays the ground for the tough euro policy battles that lay ahead.