Debt crisis in Greece – Finance Minister meeting without result … – Süddeutsche.de

Display

• The meeting of euro zone finance ministers is no result at the end, Euro group chief Dijsselbloem appears resigned.
• The EU convenes special meeting of leaders next Monday a.
• chancellor Merkel warned in her government declaration that Athens has to show will for reform. Despite the dramatic situation in the debt dispute they used a lot of time on other foreign policy issues.

special summit on Monday

In the euro debt dispute with Greece, there is no prospect of a solution. The euro zone finance ministers have ended their meeting in Luxembourg without a result. Then the leaders of the euro zone for next Monday evening sat at a special summit on Greece. “Given the outcome of today’s Euro-group meeting is urgent at the time, to discuss Greece’s situation at the highest political level”, the president of the European Council, Donald Tusk said.

Euro group chief Jeroen Dijsselbloem showed resignedly: “It is not a new program in sight We have sent a strong signal to the Greek government. The ball is now with her It’s her last chance A lot of time is no longer…” The IMF head Christine Lagarde said, was most urgent to restore “a conversation among adults”.

Greece The real blame the government Tsipras

Greece has lost the measure in dispute with donors. Since the conflict can not be solved, it will be frozen. Comment

The Greek Finance Minister Yanis Varoufakis criticized, in the negotiations of the Euro Group alone the Greek side have brought to justice should be. However, it was on all political leaders to find a solution. Greece had held in recent years to the regulations of lenders, now one could impact the country observed: unemployment, declining economic growth and the collapse of social services

.

View

Lagarde expects punctual payment

On June 30, the already twice extended assistance program for Athens runs out. Without agreement Greece threatens national bankruptcy. The International Monetary Fund (IMF) has rejected a further deferral of Greece. He insists that Athens repays the bundled June rate of about 1.54 billion euros on time at the end of the month to the fund. “There is no grace period of one or two months. If that is not paid on July 1, it is not paid,” said IMF chief Lagarde in Luxembourg.

debt dispute What a” dirty exit “of Greece would mean

What happens if Greece does not agree to June 30 with its lenders? IMF, ECB, governments and investors would have to make many decisions. Overview

Merkel’s government statement

At the presence of German Chancellor Angela Merkel on Thursday in the Bundestag that’s interesting what she does not say. A week before the next European summit, which will take place in Brussels on 24 and 25 June, Merkel will make a policy statement, the missing great creeds. What is particularly noticeable because it at the very beginning of the EU situation as described, that the listener the word “dramatically” comes to mind. “In the European Union are at enormous internal and external challenges that need to be addressed simultaneously,” said Merkel.

But then does not come about the crisis in Greece for the language that delves into these days more and end of the month, ie, converges exactly at the time of the summit on a new peak. Instead, Merkel is from the official agenda of the summit. The equitable distribution of refugees to all 28 member states, “There are still required deeper discussion”; the fight against traffickers and money on development policy in order to provide the people at home new perspectives. Or the adaptation of European Security Policy at the fighting in Syria and Ukraine.

Government statement on Greece “agreement still possible”

In debt dispute with Greece German Chancellor Angela Merkel did not rule out an agreement in the final meters.

(Video: Reuters , Photo: REUTERS)

After European foreign policy follows the internal politics, and therefore the crisis of the monetary union and Greece. Five years ago, when the crisis became acute, Merkel had to the Bundestag with the words “If the euro fails, Europe fails” courted support for their crisis policy. This Thursday it sounds subdued, leaves much room for interpretation. Your goal in the European sovereign debt crisis is always has been, “Europe stronger from the crisis comes when it’s gone.” They had come a long way, “Europe has become more robust.” Whether this robustness let a failure of Greece to cope more easily? The answer is left to the audience on Thursday. You have in the Monetary Union is always the big picture, says Merkel. And: “The decision in favor of the euro is a symbol of unity in Europe than any other.”

repeatedly that their efforts are aimed at keeping Greece in the euro. “I remain convinced, where a will, there’s a way.” If the Greek government take responsibility, an agreement is still possible. And if not? This question will probably be answered only at the summit next week.

Background of the debt dispute

Greece Why a Grexit is so difficult

Greece should quickly leave the euro, says repeatedly. Then the debt crisis triggers as if by magic? And a country can simply leave the currency? Questions and Answers

Greece and donors negotiate for months on the conditions for the payment of outstanding aid loans. An agreement is not in sight. However, the time is short, because the current aid program expires on 30 June. Then Athens has to repay 1.6 billion euros to the International Monetary Fund. Without new aid money Greece facing bankruptcy and possibly quitting the euro zone.