European Commission President Jean-Claude Juncker criticized the role of the Greek Finance Minister Yannis Varoufakis in debt dispute. “It does not help the process,” Juncker said in an interview published on Tuesday the news agency MnSi. “Varoufakis is the Finance Minister of a country which faces huge problems. It does not look as if he knew that. “
More confidence sets Juncker in the Greek Prime Minister Alexis Tsipras. “I think he’s very personable, very constructive – and I have a very friendly relationship with him.” Tsipras’ Syriza left designated the Commission as “not a normal party”. This he did not trust, because there is a whole mix of different tendencies within Syriza.
Varoufakis had brought last possible fees on ATM withdrawals this week in Athens. With the fee, the use of credit cards should be encouraged and more control can be achieved in the collection of taxes. His ministry presented a little later realized that such a proposal will not followed in the discussions with the funders.
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Varoufakis According to the government can only implement the planned reforms, when austerity measures would dispense with hard (more) , Certain projects could not be achieved if the required “unacceptably high” targets for a so-called primary surplus remained (the state budget excluding interest costs), Varoufakis wrote in a commentary for the Italian newspaper “Il Sole 24 Ore”. “Our government can not and will not accept a healing method over five years, which has proved to be worse than the disease.”
According to a representative of the euro zone’s financial backers would also accept a primary surplus of 1.0 to 1.5 percent of economic output, if the government in Athens was ready for more efforts to achieve this goal. To date was agreed that Greece a primary surplus of 3 percent in the coming years, made this year one of 4.5 per cent, to reduce its debts slowly.
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