Confusion in the Greek reform process: During Tsipras speaks of an early agreement, require faster reform efforts of Germany and the EU Commission.
The state of the Greek reform process is still unclear. While Germany and the European Commission, the government in Athens admonished in the discussions with the funders to hurry, says Premier Alexis Tsipras already of an agreement within reach. Already on 5 June should Greece around 300 million euros to repay to the International Monetary Fund, for which according to government figures, not enough money is available.
The time pressure is high, said Federal Foreign Minister Frank-Walter Steinmeier (SPD) during a visit to Lisbon: “Not just every week, but every day is crucial.” Federal Finance Minister Wolfgang Schäuble (CDU) expressed surprise that was spoken in Athens of an imminent agreement in the ARD Tagesthemen . “The negotiations between the three institutions and the Greek Government are in the matter is not very much progressed,” Schaeuble said. A debt or financial injections he refused again.
The European Commission also increased the pressure on the government in Athens. In the negotiations on a Greek reform package should as soon as possible an agreement be reached, called the deputy head of the authority, Valdis Dombrovskis, in Brussels. The discussions go forward step by step.
With regard to rumors that the negotiations would be completed by a reform package, it said in circles of the European Central Bank (ECB), there is no breakthrough. This is consistent with the estimates from the German delegation circles before the G7 finance ministers meeting in Dresden. Given the acute financial crisis in Greece had the head of the European rescue fund ESM, Klaus Regling, warned on Tuesday of a possible state bankruptcy.
The Greek Prime Minister Alexis Tsipras sees the conversation meanwhile nearing a conclusion. “We are on the home stretch,” the Premier told reporters in Athens. He was very optimistic that soon an agreement could be announced. The markets took the news to pleased. In Athens, the prices rose by 3.6 per cent to close of trading in Frankfurt by 1.3 percent.
The left-wing government in Athens is negotiating for months with the IMF, the European Union and the European Central Bank to release the last tranche of 7.2 billion euros from the current rescue program. In return, the lenders require additional reforms that the Greek government is to consolidate its budget.