Despite clear warnings no movement in Hellas crisis – Reuters Germany

– George Georgiopoulos and James Mackenzie

Athens / Berlin (Reuters ) – The euro debt dispute with Greece, there is always more urgent despite admonitions from all sides have no prospect of a solution.

For the meeting of euro zone finance ministers on Thursday in Luxembourg, also drew at a compromise on the reform requirements in return for new aid as of Wednesday. Greek Prime Minister Alexis Tsipras phoned According to a government representative, although with European Commission President Juncker, details were not known. The Greek central bank painted a bleak picture if the talks fail and should tip the country from the euro zone and perhaps the EU as well. The US Federal Reserve warned of the consequences for financial markets and economy.

” Both sides are nervous, “said a senior EU diplomat. Greece expects from the EU, which it is moving, and vice versa. “This is very dangerous, and there could be an accident.” At the weekend the talks had been provisionally canceled. Recently, the two sides re-coated with accusations of being responsible for the muddled situation.

The US government urged all those involved, the consequences for the global economy keep an eye on, and to act responsibly. Fed chief Yellen said Yanet, Greece and its creditors were facing difficult choices. They continue to hope for a solution. But if the development in Greece slow economic growth in Europe, this would undoubtedly also beyond effects. If there is no agreement, the financial markets could be affected.

Varoufakis CALLS agreement at the highest level

In addition to the call of Juncker with Tsipras, there were more on Wednesday, but only vague references to a minimum of movement. So the Greek chief negotiator Euclid Tsakalotos signaled scope for concessions. However, he stressed at the same time, as demanded by the creditors reduction of pensions is unacceptable. However, the statements by Tsakalotos were the clearest indication since the weekend that the government in Athens could move despite harsh statements against creditors still.

The Greek Finance Minister Yanis Varoufakis called for an agreement at the level of Heads of State and Government. At the meeting of euro zone finance ministers on Thursday it will not come against his opinion to an agreement. Also Euro group chief Jeroen Dijsselbloem evaluated the chance to get at the ministerial meeting in Luxembourg to a solution, as a “very small”. Finance Minister Wolfgang Schaeuble expressed in the Bundestag Finance Committee, according to participants also skeptical. Because the government in Athens has taken still no agreement with the negotiating for the creditor institutions European Commission, International Monetary Fund (IMF) and European Central Bank (ECB), has been missing a draft resolution. Continued …