Greece – between optimism and emergency plans – Frankfurter Rundschau

June 13, 2015

What will happen to Greece? Photo: AP

Athens is in debt dispute on the edge of the abyss, but still widespread optimism. By contrast, the euro countries go now from the worst of

Athens / Brussels -.

A Greek government delegation will seek on Saturday at movement in deadlocked debt dispute. “The Greek side is ready to put forward counter-proposals, so that the remaining differences can be bridged (the creditors),” it said on Friday evening from government circles in Athens. As the newspaper “Die Welt” reported in the talks in the Belgian capital Brussels, the International Monetary Fund (IMF) will be represented. The IMF team left the talks with Greece on Thursday because of “significant differences”.

The European Commission, the European Central Bank (ECB) and the IMF to negotiate with the government in Athens on a binding reform program. This is the precondition for Greece so far can get blocked relief funds amounting to EUR 7.2 billion, to save it from bankruptcy. The wrangling over a rescue loaded on Friday the US stock markets.

Berlin is bracing itself allegedly for Greece bankruptcy

Serious look: Greek Prime Minister Alexis Tsipras and Chancellor Merkel the end of March together with a Press Conference. Photo: Stephanie Pilick

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While the government in Athens last practiced in optimism that euro countries discussed emergency plans. Corresponding scenarios discussed the financial secretaries of monetary union for the first time on Friday at a meeting in Slovakia.

“Die Welt” reported, citing two directly involved with the Greece negotiations persons, the IMF will “at any meetings with government officials representing his”. The IMF will on Saturday have a representative in Brussels. The Fund will also return the entire team, “if the technical talks be resumed after the meeting on Saturday”.

The euro zone finance ministers advised on 18 June in Luxembourg on the financial crisis ; then the IMF chief Christine Lagarde will once again sit at the table.

The Greek Government considers an understanding hitherto possible. “There will be an agreement because a Greek default neither in favor of us still our creditors would”, State Minister Alekos Flambouraris said Friday the state broadcaster ERT

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No pensions – and wage cuts

The government in Athens is ready to boost talks with creditors so that it will soon come to an agreement. Pension and wage cuts but will not accept Greece, was reported from government circles. Athens was negotiating only over a restructuring of debt and low primary surpluses, so that the economy can be relaunched. Greece therefore remains behind fundamental claims of creditors.

Euro group chief Jeroen Dijsselbloem urged Athens to finally submit serious proposals for crisis resolution. “If the Greek government is not prepared to take tough measures, then they never come out of trouble,” he said on Dutch television. Chancellor Angela Merkel (CDU) continues from a solution. “Where there’s a will, there is a way”, affirmed it in Berlin. “But the will must come from all sides.”

The discussed by the Euro-Finance Secretaries in the Slovak capital Bratislava emergency plans include controls on capital movements. But such controls could only be ordered by Athens itself, it said. The aim of such emergency is to slow the outflow of funds from one country. The euro zone finance ministers had not been discussed in the euro group on alternative scenarios for a Greek bailout. (Dpa)