The situation in Greece is always tricky: the country is the money out, but the recent meeting in Brussels was no agreement to end. This is mainly due to the design which the Euro Group presented yesterday -. And two little words
- Negotiations with Euro group failed
- Athens had offered as “absurd” back
- News Utility is running late February
- Euro-countries are Greece deadline to Friday
18.57 clock: Greece wants out of debt dispute with its euro partners According to inside information about a requests extension of the current credit agreement for up to six months. Athens wants to submit the application on Wednesday, said a person familiar with the plans person in Brussels. The conditions were still under negotiation. Greek Prime Minister Alexis Tsipras had previously refused to extend the subject to certain conditions complete reform assistance program, which ends on 28 February. The Prime Minister explicitly differentiates between the entire program and the credit agreement in particular.
On the financial information has been received. The euro rose against the dollar. The US stock markets reduced their losses. The euro finance ministers had failed on Monday evening, to resolve the conflict with the supported of left- and right-wing populists Greek government. They put the Greeks have until the end of the week to extend the expired in eleven days bailout program for a few months
18.11 clock. in debt dispute with Greece Bavarian Prime Minister Horst Seehofer before a “wildfire” warned. “If we do the Greeks fulfill their desires, then, other countries in the euro zone would refuse to bring their budgets in order,” the CSU leader said in an interview with the “Passauer Neue Presse” (Wednesday).
Seehofer recalled the reforms that countries such as Spain, Portugal and Ireland have expected of its citizens in recent years. “They are still stunned when the Greeks would need not expect that of their population,”
17.50 clock said the CSU’s president added. In the foreign exchange market, investors have the Tuesday allowed to respond to the threat of sovereign default in Greece. In the afternoon, the euro traded at 1.1390 dollars, after he had climbed during trading at well over $ 1.14
17.25 clock. keeps Greek Prime Minister Alexis Tsipras the austerity and reform program for his country for failed: “.. For us, the old austerity program has died The proposal to extend it for six months, is paradoxical Who develops these ideas, wasting his time,” he told the magazine “Stern” .
Also, to Germany, Tsipras expressed. Angela Merkel he considers to be “a pragmatic woman who stands up for all that take Europe forward. I felt exceedingly polite. Not as strict as you believe, if you know only from the press. ” The offer of Finance Minister Wolfgang Schaeuble, Greece to send 500 German tax investigators, he likes to guess. “It is 5000 send.”
Video: Why donors now finally have to give in
16.55 Clock: The Greek Finance Minister Giani Varoufakis is a Nazi cartoon with German Finance Minister Wolfgang Schäuble unpleasant. “Mr. Varoufakis came to me yesterday and said that he terribly ashamed,” Schäuble reported after a meeting with the counterpart on the edge of the Euro Group meeting in Brussels
16.34 clock. German Finance Minister Wolfgang Schäuble by the Greek government a clear statement requires if she still wants to extend the end of February expiring utility.
“The crucial question is and remains that Greece has to decide if it wants to actually this program or will it not work, “Schaeuble said after a meeting of EU finance ministers in Brussels. “No one of my colleagues has not understood what Greece really wants to end up.” He threatened: “On the 28th, 24.00 clock, is over.”
Schaeuble said in the Greek question of a “completely unanimous position in the euro group” of the Finance Ministers of the monetary union, which had met on Monday.
14.35 Clock: The Taxpayers Association has called on the federal government in debt dispute with Greece to save as much of the German aid credits as possible. “For Germany are 70 billion euros in Greek fire” , said association president Reiner wooden nail the “Handelsblatt”.
The “cardinal sin” was not in 2010 to address a radical haircut. “At that time it would have been hit very private creditors. But a haircut now would apply almost exclusively to the taxpayers,” said peg.
Even though the outlook now tended to repayment of the loans to zero, that the Federal Government “means the obligation to the German taxpayers to save our money, at least as much as possible, “wooden nail said. However, he also acknowledges that this would be difficult. The Greeks had not used the dearly bought time properly
12.22 clock. How to report multiple agencies with reference to government circles, Greece will not accept the ultimatum donor . Who said after last night failed negotiations, an agreement on the financing of the country must come about through Friday. Nevertheless, the Greek government will continue to negotiate: An agreement with the European partners should continue to be “absolutely doable,” it says
Video:. Attention, Mr Schäuble! Do not fall for these poker tricks purely
11.52 Clock: Greece and the donors could be just two words from agreement. This was reported by the “Business Insider” and relies on a guest post of Finance Minister Yanis Varoufakis and on the draft decision making the rounds on the Internet.
In his commentary for the “New York Times” Varoufakis had written that Greece follow a red line that will not exceed it. This was interpreted by many observers as a sign that Varoufakis rejects compromise talks with donors. In fact, however, the quote was referring to the objective of the Greeks to correct the “humanitarian crisis” in the country. With specific credit terms it had nothing to do.
The two words, to which the “Business Insider” relates, are in a first draft, over which the Euro group wanted to discuss yesterday. It said even that donors should play a role as part of a “new agreement” – a formulation that would apparently accepts the Greeks. The draft, which was finally discussed, lacked the words – probably the main reason why the negotiations burst yesterday
Conclusion:. If the relativistic two words resumed in the paper, an agreement is nothing in the .-way
Varoufakis underlined the sentence simply by
10.50 Clock: After the Greek Finance Varoufakis had tricked the Euro group at the previous meeting, it is at meeting came in last night again to a head . Euro group chief Dijsselbloem had written a joint statement in which he proposed a six-month extension of aid to Athens. The paper was the sentence that Greece to confess the current program “successfully completed” .
At this formulation bothered Varoufakis. He stroked the sentence simply by , as can be seen in the picture of his manuscript. Thus, the negotiations ended without an agreement once again.
10.31 clock . The CSU economy politician Hans Michel Bach calls for an immediate halt to all payments by the European Union to Greece “The EU funds must be retained as security for the performance of the payment obligations of Greece to its European partners,” asked the representative of the Union faction in the Bundestag Finance Committee Monday night in Berlin after the breakdown of negotiations with the Greek government. “The Greek Nyet must have consequences” , said the CSU politician. In addition, Michel Bach looks now accounts for at Athens the basis for further aid from the European Central Bank (ECB). “The ECB remains after their statutes now no choice but Athens finally pull the plug.”
10.16 Clock: In debt dispute between Greece and its euro partners Luxembourg has asked both sides to compromise , Everyone involved would have to make a difference and scale down their demands, so that a solution to the impasse could be found, Finance Minister Pierre Gramegna said Tuesday during deliberations with his EU counterparts in Brussels. A compromise was possible. “There is flexibility in the program, we need to use them.” But if the new Greek government rejects the utility and did not want to work in this context, it would be difficult
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