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.
- Athens submitted reform list.
- Central bank: exit to Athens from the euro is not an option
- ECB. Greek banks will no longer buy government bonds
- . government in Athens is considering new elections
Varoufakis reiterates calls for reform back
21.56 clock. Greek Finance Minister Giani Varoufakis has again spoken out against strict demands for reform of the international donors. It would be a mistake now to sign an agreement to commitments that would harm the Greek economy, Varoufakis said Thursday in Washington.
He stressed that Athens rapid negotiated solution is very important. “We are absolutely prepared for compromise.” However, would not agree to any measures that would repeat “the mistakes of the past.”
A binding agreement for a package of reforms is a prerequisite for the disbursement of put on hold billions in aid to Greece. Athens donors delivered proposals, but go to the lenders do not go far enough
IMF to defer payment of Greece
17.32 clock. The head of the International Monetary Fund (IMF), Christine Lagarde, in principle against a deferred payment for Greece pronounced . To allow a country to repay its debts later than agreed, would be comparable to the granting of an additional loan by the international community, Lagarde said on Thursday.
She was responding to a report in the “Financial Times” ( Thursday), according to which Athens had recently asked the IMF informally, to be able to settle overdue installments later. The Fund had been rejected. In May alone, should Greece two payments totaling around one billion dollars afford (0.93 billion euros).
“We have never had a developed economy asked for a deferment,” Lagarde said at a press conference before the IMF Spring. It was more than 30 years ago, that the Board had allowed a developing country late payment. And it was at that time not well understood. More specifically, they wanted but not on demand
- The euro is in danger. To save your money
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bankrupt danger grows: Greeks do not make progress on reforms
16.27 Clock: The risk of a bankrupt Greece device because of the slow work on the reform package demanded under increasing pressure from Brussels. “At this stage we are not satisfied with the progress made so far,” a spokesman for the European Commission said on Thursday. At a meeting of EU finance ministers on 24 April in Riga, Latvia, it would probably be “taking stock” – ie a decision. The spokesman said: “In order to create an agreement between the Minister of Finance on 24 April, we need more progress than we currently have.” Thus, the decision on further funding would be postponed again
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