Wednesday, February 18, 2015

Request for more EU aid: how to Athens decides? – Tagesschau.de

Request for more EU aid: how to Athens decides? – Tagesschau.de

Date: 18/02/2015 21:40 clock

For more EU aid, Greece must submit an application for an extension – until Friday. Actually, this was previously announced, but still hesitates Athens. It is unclear whether the Greek government is actually prepared to meet the requirements of donors.

In the debt dispute between Greece and the euro group, the government in Athens, European donors can continue in the dark. The announced on Wednesday application for an extension of grants moves on Thursday. “The application shall be made tomorrow,” said the leader of the small opposition party “The River”, Stavros Theodorakis, state television after a meeting with Prime Minister Alexis Tsipras on Wednesday. Meanwhile, government spokesman, Gavriil Sakellarides had said it was this morning that they would the letter Send “today”.

It remains also whether Greece is ready, in return for emergency loans the to accept conditions imposed by the international donors. Without turning into this issue, the euro partners are not to make concessions to Athens ready

Greek Finance Minister Yannis Varoufakis was confident that there will be an agreement. “Our proposal is in a way to be written to cover the demands of the Greek side and the chairman of the euro group. ” He left open the question is exactly when to expect their applications: “We are on the right track I’m optimistic that it will go well tomorrow or the day after..” If the conversation climate remain as they are now, it would “give a good degree” at least at expert level. However, the time

is running out, because on February 28, runs the current utility of Europeans.

EU has proved flexible

The European Commission expressed concern about the situation in Greece. “We see that the financial and economic situation does not improve, on the contrary, we see worrying trends,” said the charge of the Euro Commission Vice Valdis Dombrovskis. The direction was “not positive”. Dombrovskis said the government in Athens, however, that an extension of the current program is possible as well as a certain flexibility. However, he also stressed that Greece must stand by its commitments.

German Finance Minister Wolfgang Schaeuble reiterated that an extension of the aid program is further subject to conditions. There was a clear agreement of all other 18 euro-countries for criteria. “Of which there are to take back anything,” said Schaeuble’s spokesman Martin Hunter. There can be no extension without having to be observed that promised reforms: “Both are inextricably linked.”



hole in tax revenues

According to Greek media, especially defaulting taxpayers are responsible for ensuring that the treasury of the heavily indebted country continues empties. As the conservative newspaper “Kathimerini” reports, Athens will only have money no later than the beginning of March to meet its obligations. Tax revenues fell short of expectations. In January alone, the losses amounted to one billion euros

.

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