EU calls emergency summit on Greece a – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         

 
 
 
 
 
          Last chance? On Monday night to meet the euro zone countries leaders to discuss Greece.
     

 
                                              

 
 
     
     
     
         
         
                                                             

According to another finance minister meeting without progress in the debt dispute with Greece will be discussed at the highest levels: EU Council President Donald Tusk shortly after a special meeting of heads of state and government of the euro countries convened. It is scheduled to begin on Monday evening at 19 clock.

                         
         
         
                                                             
                                 

Before the so-called euro group is once again went apart without both parties have converged. In charge of the Euro deputy European Commission head Valdis Dombrovskis tweeted, the finance ministers of the monetary union would the Greek government “strong signal” transmitted, “seriously” to join the negotiations. “The euro group is ready at any time to get back together.”

                         
         
         
                                                             

Important representatives of the donors had scaled down expectations for the meeting already in Vorgeld. Euro group chief Jeroen Dijsselbloem said: “The time is very, very scarce.” The Greek Finance Minister Yannis Varoufakis expressed previously, it Come now therefore, the “transform expensive discord in a consensus”. According to media reports, he should have to produce new proposals during the meeting.

                         
         
         
                                                                                                                                                                                                                              

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They are alleged to five pages long and includes, among others, once proposals on how Greece’s debt will be reduced, or could be restructured. Even more frequently, the Greek Government has proposed that the euro rescue fund ESM could buy the Greek bonds that are held by the European Central Bank and then equip this loan to Greece with longer maturities and lower interest rates. The remaining euro area countries reject a haircut and expect, for example, that Greece undertakes to reform its pension system and to increase the value added tax.

                         
         
         
                                                             

Meanwhile, reports the “time” that Greece could get one last new listing – but one-time extension of the current aid program by year-end. It should be financed through even leftover billion that were actually once provided to recapitalize Greek banks.

                                 

 
  

 
 
 
                       

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debt dispute with Athens

EU calls emergency summit on Greece a

The meeting of euro zone finance ministers has brought no progress, now the bosses must take drastic action. On Monday evening, they meet to discuss at the highest level over Greece. Meanwhile, Prime Minister Tsipras wanted the whole time.

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