Just before deadline is Greece and the euro partner in debt dispute have agreed. The utility is extended by four months. Athens sets in return to reform list. . However, the content, there are new dispute
Federal government accuses Greece foul before
13:56 clock: The Federal Government rejects the criticism of the Greek guide to Spain and Portugal. “According to European standards it was a very unusual challenge,” said the spokesman of the Ministry of Finance, Martin Jäger, in Berlin on Monday. “We do not in the Euro-group that is not in it.” The new Greek Prime Minister Alexis Tsipras had at the weekend the Conservative governments in Spain and Portugal accused to stand at the head of a plotting to overthrow the new left-wing government in Athens (see ticker entry of Saturday, 17.32 clock) , The allegations also employ the EU Commission.
“We should not interfere in the affairs of our partner governments,” said Hunter, emphasizing both Portugal and Spain were partners with which Germany closely work. “We have a very high recognition for what both countries have achieved over the past few years on their path of reform.” Greece rejects unlike Spain and Portugal the required reforms to revive the economy and to consolidate the budget decided on.
The Greek government would not behave according to the usual pattern in the Euro Group, said Hunter. “ The fact is, that went lost a lot of confidence in the past weeks .” Statements made by the Greek Finance Minister Yanis Varoufakis, the agreements with the Euro group were formulated deliberately blurred to allow critics of aid agreeing to the payments, rejected the spokesman. “Greek Finance Minister commented on many things, so numerous that it is now almost hard to keep track,” said Hunter.
The European Commission confirmed that the governments in Madrid and Lisbon have complained to her about Tsipras. At the same time they demanded a response from the Commission, a spokeswoman said in Brussels. “We are now in close contact with all parties involved,” she added. The aim is to establish unity among the Member States
Dijsselbloem represents Greece new payment for March in Outlook
Monday, 02/03, 11:45 am clock.. The cash-strapped Greece may hope in March to a billion transfer of its euro partners. The chairman of euro zone finance ministers, Jeroen Dijsselbloem, called on Monday, however, as a condition that would begin in Athens with the implementation of reforms. With its warning of an impending Greek default Finance Yanis Varoufakis sparked new concerns in the financial market.
Varoufakis had at the weekend in a TV interview repayment of government bonds in the amount of 6.7 billion euros questioned. These are held by the European Central Bank (ECB) and due in the summer. “If we had the money we would have to pay,” he said, “You know we do not have it.” The country must submit by the end of April a detailed reform plan to get new money of euro area countries
Dijsselbloem told the “Financial Times”. “My message to the Greeks: to start Tried the program, before the entire negotiations are completed. ” Dutch Finance Minister added. “There are elements that can start today if you do that, then it might eventually be a first transfer in March but this would require progress and not just intentions..” Overall, Greece has to operate in 2015 loans of almost 17 billion euros.
20.16 clock. Greek Finance Minister Yanis Varoufakis published with co-authors of the book “A Modest Proposal for the solution of Euro crisis “. “Bild” newspaper reported Varoufakis writes that the euro zone must be radically restructured in order to overcome the crisis, and shall submit its strategies, how this could work.
His proposal against the investment crisis according to “Bild” an investment program of the European Investment Bank (EIB) and the European Investment Fund (EIF) in the amount of 8 percent of GDP in the euro zone, which should be financed by ECB bond.
The poverty in the crisis countries would Varoufakis fight with a Europe-wide program that “guarantee access to food and … basic needs for energy and transport cover (electricity, heating and public transport)” is.
Varoufakis also writes that “the proposal, although to overcome the euro crisis “aimed,” but he still modest and implemented immediately “is. His proposal would be “the only way that the taxpayers in Germany and elsewhere can get the money back,” says’ image “in the Preface. The book was published on March 2 in the Kunstmann publishing
16.28 clock. Greek Finance Yanis Varoufakis sets for debt of his country to “investment supported recovery of its economy.” “I do not want the state further in debt. The new agreement, which we want to negotiate until the end of June, a growth pact must be founded on private sector investment,” the minister said in an interview with the newspaper “Handelsblatt”, the will be published on Monday. “If we return to growth and restructure parts of our debt intelligently without any change in the nominal amount something that debt problem can be solved,” he expressed his confidence
14.27 clock. Spain and Portugal, the allegations of the Greek Government Alexis Tsipras in connection with the debt dispute decided back. “We are not responsible for the frustration in Greece,” Prime Minister Mariano Rajoy said on Sunday in Madrid. Debt was only the “radical left” that have made unrealistic promises of the population. According to government sources in Madrid the Conservative governments of Spain and Portugal loaded in Brussels complaint for alleged one, they had formed an alliance in the recent debate on aid payments to Greece
11.39 clock. The German police union has brought drastic consequences against Athens into play should the Greek Deputy Interior Minister Giannis Panousis make his threat and continue to send up to 500,000 illegal immigrants in other EU countries. “With refugees to threaten, shows a human understanding, which actually has no place in the community of values of the EU, so really just talking political extremists,” said union boss Rainer Wendt to the “Handelsblatt” (online). Should this happen, “European governments must act quickly and securely, both the immediate opening of border controls for travel from Greece in the EU and the expulsion of Greece from the Schengen zone are considering,” said Wendt.
Video: For shareholders a Greek exit would be a chance
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