Sunday, February 1, 2015

Greek debt crisis: the end of May is a solution ago – tagesschau.de

Greek debt crisis: the end of May is a solution ago – tagesschau.de

Date: 02/02/2015 03:38 clock

Greek Finance Minister Varoufakis presented a schedule, as he wants to get the debt crisis under control. By the end of May, a solution should be found. At the same time he announced talks in Berlin with his colleague Schäuble.

The Greek government hopes, in the words of Finance Minister Yanis Varoufakis it until the end of May a solution to the debt crisis find. Until then, his country would not apply for new loans, he said during a visit to Paris, where he met with his French counterpart Michel Sapin. The goal is an agreement with the international lenders.

By the end of February, the government in Athens must get time to work out the proposals, said Varoufakis. Six weeks later, could then be a realistic agreement. The repayment of existing debt must be linked to the ability to achieve growth, he reiterated

Sapin. <- - MediaCon!>: Facilitation, but no debt

Sapin said Greece assistance in the search for an agreement to. This could relaxations, but do not include debt relief. It is legitimate for the government in Athens worry about the debt burden and to facilitate a try, the French finance minister. Greece’s place was in the Euro-zone. But any new agreement with the government in Athens must take into account the extent to which this was prepared to structural reforms.

So far, European Commission, International Monetary Fund (IMF) and the ECB for the donors Accessibility and restrictions with the highly indebted euro country negotiated. Run by the left SYRIZA government in Athens rejects, however, from the austerity measures. Greece is preserved since 2010 by the euro partners and the IMF before the national bankruptcy. On Friday, Greece had terminated its cooperation with the troika

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If the Troika abolished

? European Commission President Jean-Claude Juncker is planning a report by the “Handelsblatt” According to abolish the troika. The committee, composed of representatives of the European Commission, the ECB and the IMF had been monitoring the Greek reform progress for the donors. “We must now quickly find an alternative for it,” quoted the “Handelsblatt” year, the EU Commission. With the end of the controls would Juncker Athens contrary.

to a reform of the Troika, the federal government is According to the paper, in principle ready. On inspection visits in Athens, could possibly do without, in their place Greece could only general economic policy objectives are set, it was therefore in government circles. This concession was possible but only if the new Greek government confess principle to the previously agreed austerity and reform course.



Interview with Schäuble desired

Varoufakis announced during his visit to Paris in addition to travel to Berlin and Frankfurt am Main. He wanted to explain Wolfgang Schäuble Greece stance on the issue of debt repayments in conversation with his German counterpart.

The new Greek Prime Minister Alexis Tsipras starts today in Cyprus called a “road show” to his to present proposals to resolve the debt crisis. Tsipras’s inaugural visits lead him during the week to Rome, Paris and Brussels. A visit to Chancellor Angela Merkel is currently not foreseen

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