Difficult conversations: Varoufakis do not want to overwhelm Greece – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         

 
 
 
 
 
          Giannis Varoufakis talks in Washington on the edge of the IMF meeting
     

 
                                              

 
 
     
     
     
         
         
                                                             

Greece confirmed not to sign loan agreements that could overwhelm the country. This would be a wrong step, the Greek Finance Minister Yannis Varoufakis said Thursday at the edge of the Spring Meetings of the International Monetary Fund (IMF) in Washington. He could not sit under objectives, of which the government in Athens is aware that the land they could not reach his signature. Varoufakis also said he wanted to conclude the negotiations as soon as possible with donors.

                         
         
         
                                                                                                                                                                                                                              

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The cut-off from the capital market Greece is struggling for months with the euro partners and the IMF to requirements for more emergency loans. The finance ministers of the euro countries want to advise on April 24 in Riga Greece and pave the way for a possible solution to the conflict. Greece is preserved since 2010 with a total of 240 billion euros before the national bankruptcy. It is unclear whether Greece has enough resources to afford to May imminent IMF loan repayments of around one billion euro. The IMF refuses a postponement of payment from Athens.

                         
         
         
                                                             

Greece do not get any special treatment, showed IMF chief Christine Lagarde pointed to kick off the Spring Meetings of the IMF and the World Bank, the demand for a deferred payment back. For 30 years, the IMF no country has right to defer payment. In such cases, in the time before the result was “not very productive,” Lagarde, who met Thursday with Varoufakis said.

                         
         
         
                                                             

offer to help the Greek Orthodox Church

Greek Prime Minister Alexis Tsipras wants to raise its using the orthodox state church money for the cash-strapped checkout. Tsipras went in a letter published Thursday on an offer of the Greek Orthodox Church Head Hieronymus II. A, to take advantage of the huge estate of the Church as a source of money. This could “really give breathing space” to the state, Tsipras wrote. A Commission was asked to evaluate the potential for such possessions can lead to revenue, without being sold.

                         
         
         
                                                             

Also, German Finance Minister Wolfgang Schäuble (CDU) believed to be currently in Washington. Further financial assistance to Greece, he again made dependent on binding commitments to reform. The decision lies solely with the Greek Government, Schäuble said at a Brookings event. He also spoke out against another haircut for Athens. The primary challenge for Greece is currently being competitive again.

                         
         
         
                                                             

It’s not just about Greece

The problems in the euro zone but are not the only topic of enduring to Sunday Spring. Finance ministers and central bank governors of the 20 leading industrialized and emerging countries (G-20) are concerned about the growth prospects for the global economy, as well as meetings to discuss the consequences of the Ebola epidemic in West Africa instead.

                         
         
         
                                                             

The World Bank president Jim Yong Kim urged the international community to make further efforts in the fight against poverty. In the past 25 years, the world has made in this area “great success” and the number of people living in extreme poverty down by two thirds to less than one billion, he said. By investing in education, health and social systems must now “the last billion out of poverty in the modern world” to be lifted.

                                 

 
  

 
 
 
                       

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Varoufakis not want his country overwhelm

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He will not sign any commitments that Greece anyway could not meet, Giannis Varoufakis said. But the IMF will not give in. Is now helping to raise the orthodox state church money?

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