Euro summit on Monday to solve the Greek crisis – Reuters Germany

       

– Tom Körkemeier and Jan Strupczewski and Robin Emmott

       

Luxembourg / Berlin (Reuters) – Just a week before the possible bankruptcy of Greece to resolve the leaders of the euro zone debt dispute on Monday at a special summit.

       

EU Council President Donald Tusk called the meeting a high-level, after consulting the euro zone finance ministers on Thursday night brought any results in Luxembourg. Time is short: According to insiders, the European Central Bank (ECB) is no longer safe because of persistent outflow of client money, if the Greek banks can still open on Monday. Chancellor Angela Merkel holds an agreement in the debt dispute with Greece at the last minute possible, but insists on reform commitments from Athens.

       

Such an agreement is, according to Euro group chief Jeroen Dijsselbloem but still not in sight. The Greek side had placed too few proposals for measures on the table that are reliable and serious enough Dijsselbloem told the meeting of euro zone finance ministers in Luxembourg. IMF chief Christine Lagarde stressed that the creditors had already made reasonable offers and thereby mitigated earlier conditions. Currently there is too little dialogue. “The most urgent thing is that we restore a dialogue with adults in the room,” Lagarde added. She had, as the Greek Finance Minister Yanis Varoufakis attended the meeting. Varoufakis warned that dangerous an emotional state moving closer to that “accepts an accident”. He criticized the fact that in the negotiations of the Euro Group alone the Greek side should be held responsible.

        
       

GREEKS pull money from their accounts AB

       

At the meeting Dijsselbloem According to insiders said Governing Ratsmiglied Benoit Coeure whether Greek banks could open on Friday. Coeure replied: “yes morning Monday – I do not know..” Because of the unresolved debt dispute and the threat of state bankruptcy bring more and more Greeks put their money into security. According to banking circles attracted the Greek customers only between Monday and Wednesday around two billion euros from their accounts from.

       

Greece threatened on June 30, the money to go out, when the current assistance program ends. At that time also payments to the IMF in the amount of 1.6 billion euros will be due. According Dijsselbloem it is inconceivable that before June 30, a possible agreement with Greece will be implemented and carried out a payout to the country. Should it come to an agreement, the current utility may have to be extended in order to gain time for the payment, said the Dutchman. The Euro-special summit scheduled to begin on Monday at 19.00 clock CEST in Brussels.

       

In the Bundestag, Merkel had insisted on compliance with the principle help in return. Greece had already been on the right track, but reforms have been abducted repeatedly. However, Prime Minister Alexis Tsipras refused further cuts in the pension system strictly, which consumes a large amount of government finances. The government in Athens is with them with around 240 billion euros in debt. Germany alone stands for a good 50 billion euros. In addition, the proportion is on the security of aid from the European Central Bank (ECB) and the IMF. In its annual report of the euro rescue fund ESM noted that the Greek debt be sustainable, since the state must afford minimal repayments until 2023.

       
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