Find EU and Greece still a way out of the crisis ? Or is it already too late? The government of Athens has now presented a reform list. All information in the news ticker.
- Varoufakis resists reform agreement.
- IMF will not tolerate any deferred payment
- Schäuble:.. money only to firm commitments
“I look forward for Greece, “- said Schäuble responds to the Russians Deal
17.22 Clock: Finance Minister Wolfgang Schäuble (CDU) would welcome a potential multi-billion dollar energy business between Greece and Russia. “I’m happy for Greece if it’s so. I hope it is,” Schaeuble said on Saturday in Washington on the edge of the spring meeting of the International Monetary Fund (IMF) and World Bank. “Anything that helps Greece is good.”
He do not know any details about the alleged energy agreements with Russia, according to media reports that Greece will bring up to five billion euros in revenue. He did not believe that this solve Greece’s problems in meeting the reform met: “As Greece has indeed still lead discussions with the three institutions.” There was no new facts.
The potential billion-revenue will be invested according to “Spiegel Online” in the form of an advance payment for the planned pipeline Turkish stream. You should bring Russian gas via Turkey and Greece to Europe. The funds from Russia presented a prepayment is on revenue from future transit fees. The pipeline was expected to go into operation in 2019.
US urges Greece to faster negotiations
16.57 Clock: US Treasury Secretary Jack Lew has prompted facing the threat of state bankruptcy Greece the authorities in Athens quickly and with full commitment negotiations with the international lenders advance. “If no agreement can be reached, which Greece would immediately bring into trouble and cause uncertainty in Europe and the global economy.”
Athens hopes to cash injections from China and Russia
16.19 Clock: tried Given the dramatic financial Athens apparently with all his might, to find sources of money in China and Russia. It’ll go up to 15 billion euros, reported the Greek weeklies “Agora” and “Karfi” on Saturday, citing government sources.
Ten billion euros should therefore come from China. Beijing could afford these funds as a kind of advance payment for the use of the port of Piraeus and an introduction to the Greek railway, reported the Journal “Karfi”.
Athens also hope to between three and five billion euros from Russia. This money could flow as a kind of advance for future charges for the planned natural gas pipeline Turkish stream to a report in the newspaper “Agora”.
The pipeline is supposed to bring Russian gas to the Greek-Turkish border. The Greek Prime Minister Alexis Tsipras had agreed on his recent trip to Moscow, with the Kremlin chief Vladimir Putin extending the pipeline to Greece and from there to Central Europe.
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