According to media reports Finance Minister Giani Varoufakis plans to seek this Wednesday an extension of the really late February expiring utility. Initially remained open, however, the crucial question is whether Athens is now ready to accept the previously agreed requirements of international lenders.
The conservative Athens newspaper “Kathimerini” relied on Tuesday evening government sources. The desired Athens extension shall extend according to the report at six months. In order for the highly indebted country would remain until the end of August under the bailout. The private Greek TV station Mega reported Varoufakis told the Greek journalists in Brussels. A spokesman for the Athenian Treasury wanted this evening to certify the German Press Agency nor deny.
European partners lose patience
In the erupted with the change of government in Athens in late January dispute lose its European partners patience. “On the 28th, 24.00 clock, is over,” German Finance Minister Wolfgang Schaeuble said on Tuesday.
Germany and other euro-countries called for the government in Athens on again until this Friday to apply for an extension. This was rejected by the left-right coalition under Prime Minister Alexis Tsipras far from strict. Athens blames for the misery in Greece and the previous program of the euro partners and the International Monetary Fund (IMF). At the same time Tsipras insists on additional loan assistance -. With less then hard constraints
Financial Markets hardly impressed
In a swift agreement Greece threatens a dramatic deterioration in its financial through to national bankruptcy. Although a growing danger of a Euro-Greek exit – the so-called Grexit. The financial markets have so far hardly impressed. This Wednesday, the European Central Bank (ECB) could decide whether they was turning the Greek banks the money supply.
“We hope that they (the Greek government) for an extension of the program asks” said Euro group boss Jeroen Dijsselbloem in Brussels in discussions of the EU finance ministers. If Greece applies for asylum, the euro partners could provide some room for maneuver: “The ball is in the Greek.”
Schäuble: “We are not progressed really”
Schäuble criticized Athens: “We are not really progressed.” The key question is what the Greek government wanted at all. The doubts of the euro partners have grown. If the current utility will not shut down properly, kick a difficult situation “. What will be the case, to speculate makes no sense”
Prime Minister Tsipras threw Schäuble in Athens, is derogatory about the Greek people expressed to have. “It would be better if he did feel sorry for folks who go head bowed.” Schaeuble told the day before, the Greeks do him sorry. You have chosen a government that behave irresponsibly
When visiting Istanbul -. Schäuble builds further aid for Greece to existing programs
Austria confident
The Austrian Finance Minister Hans Jörg Schelling said: “We are confident that (…) of Greece is a request.” From her schedule should the this week, at the latest by early next week. Tsipras stressed that his government would continue the negotiations as long as it was needed: “Every new birth has its difficulties.”
On the eve of the other 18 euro countries had the Greeks an ultimatum to Friday, a to apply for renewal – together with binding commitments Athens. Background is, inter alia, the necessary approval also of the Bundestag and other parliaments later this month.
Current and future financial situation of Greece remains unclear
The current and future financial situation of Greece remains unclear. Athens has presented the euro partners according to data from delegation circles again no reliable figures and plans for economic policy. By the summer of Greece billion must be paid to the lenders. On the capital market, Athens can not borrow money in the longer term and therefore needs more help.
The next important decision is on this Wednesday. The ECB consults on whether they continue to authorize the emergency loans from 65 billion euros in Greek banks. The Hellas banks are increasingly coming under pressure as Greek savers pull a lot of money from their bank accounts in view of the uncertainties
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