Friday, March 20, 2015

Greece crisis: money against reforms – but quickly – tagesschau.de

Date: 03/20/2015 07:11 clock

“Design” Chancellor Merkel has called the high-level meeting with Greek Prime Minister Tsipras. The promised donors to come forward rapidly its reform plans, only then there will be money. Time is short.

By Martin Bean, MDR radio studio in Brussels

prayers for the conversation to top level had Greek Prime Minister Alexis Tsipras. Probably in the hope of gaining access given the parlous financial situation faster and with less effort on the promised European aid billion. But the tooth was pulled Tsipras.

In addition Tsipras, German Chancellor Angela Merkel and French President François Hollande sat Euro group boss Jeroen Dijsselbloem and the President of the European Central Bank (ECB), European Council and EU -Commission, Mario Draghi, Donald Tusk and Jean-Claude Juncker, at the table

. The result: It remains in the arrangements that hit Greece with the Euro group to four weeks before has. At that time, the utility had been extended by four months – for a guarantee of Athens, but to meet the specified requirements yet. To this agreement did the top round – including Tsipras – now fully known, Merkel said: “For us it was important that the reference point, in fact, is the agreement of 20 February and we are also changed one iota,” . She said after the meeting

money

there is not only against reform plans

Fast money, saying, “We have made it clear that as it says in the agreement of 20 February, money can be paid only if the previous conditions are also there, “said Merkel on. In principle, four weeks have been lost. In addition there were already some disappointment, reported Merkel, but you would now look to the future and accelerate work: “This means that the Greek government has committed today to propose their own responsibility reforms and very quickly in the next few days “. Then you have to assess whether these reforms actually cause that Greece can meet the challenges in the fiscal consolidation. This review will take place as usual at the political level in Brussels

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inspectors travel to Athens

experts from the three participating institutions European Commission, European Central Bank (ECB) and International Monetary Fund, however, are (IMF) for fact finding – formerly called troika – travel to Athens. These works have been sabotaged by the Greek government in recent weeks. Once the review is complete, the finance ministers of the euro countries

will come together and decide on the payment of the outstanding support amounting to several billion euros to Greece.

On predict when this will be the case, the Chancellor would not let that it had not been spoken about the specific Greek financial needs: “The lap was not suitable, an insight into the to get accurate Greek financial situation. But it is also clear that the financial is not easy. ” By early April, which experts predict, the Greek government can keep above water. Time for reaching an agreement is therefore extremely tight.



“good and constructive discussion”

So it is necessary, the Chancellor that will restore confidence built up. At least a start could be made for the nocturnal peak week. “So it was a very good and constructive conversation.” What is natural does not necessarily, given the mutual verbal attacks lately.

On Monday, the Chancellor may continue to work on rebuilding trust. Since the Greek Prime Minister arrives at his first visit to Berlin. Alexis Tsipras, incidentally, was tied fairly soon after the three-hour summit meeting: “We are now more optimistic after these discussions.” All sides have tried to make the best to do to solve the problems of the Greek economy

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This subject reported the daily show on March 20, 2015 at 04:55 clock.

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