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- Athens is considering rumored to postpone payments due to the IMF on. That would be inadmissible.
- The majority of Greeks believed, according to a survey that the Government will accept strict austerity measures.
- Greece Finance Varoufakis want to submit a new reform list the euro finance ministers.
- to blame for the failure of the latest talks are Varoufakis According to the representative of the creditors, who would have had no sufficient mandate for a comprehensive solution.
Rumors of payment stop plans Athens
In Athens there are rumors that the government wanted the due June repayments to the International Monetary Fund (IMF) to move in July. During the recent bundling the June tranches was compatible to a package with the payment date June 30 still with the rules of the IMF, a shift in July would be inadmissible. This would result initially a formal warning to Athens. Officially bankrupt Greece would thus not yet, because neither the Fund nor any other institution has the right to declare a state formally bankrupt. However, the rating agencies Greece could classify as insolvent. Pay Athens’ debts to the Fund, however, permanently not back that could culminate two years later in an expulsion of the country from the IMF.
majority expects Tsipras austerity measures accepted
debt crisis European Commission breaks talks with Athens from
After unsuccessful negotiations between creditors and Greece government is Jean-Claude Juncker, the head of the EU Commission for the time being on the mediation. Now the finance ministers of the Euro Group to find a solution.
The majority of Greeks believe that their government will give way in the negotiations with the lenders. The result of a representative survey conducted by the opinion research institute GPO. 67.8 percent of respondents will therefore assume that Prime Minister Alexis Tsipras and his cabinet will accept the required austerity measures.
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In addition, also want 70 percent of surveyed Greeks that their country remains in the euro zone. A Grexit, so the Rückehr to the drachma, they reject, even if the tough austerity measures means.
Your Forum Greece: If a debt restructuring is the only solution?
The Greek debt grows and grows – and an agreement with creditors is not yet in sight. A haircut might thus be a new beginning for the country. Or would the old problems at the same time the new?
Varoufakis are creditors to blame for the failure of the talks
Contrary to this survey an agreement between the Greek government and the donors in sight. So plans to present at the meeting of euro zone finance ministers in Luxembourg, no new reform list on Thursday Greece’s Finance Minister Yanis Varoufakis. He said that the Image newspaper in an interview. “The Euro Group is to present not the forum, positions and proposals that have not been previously discussed and negotiated at lower bargaining levels,” Varoufakis said.
Greece Euro-countries agree on itself Greece emergency plan
achieve if the euro zone finance ministers no agreement with Athens should meet world leaders later this week. Part of the emergency plan are also capital controls.
Instead, called the 54-year-old negotiations on a comprehensive settlement in the debt dispute. What he actually meant, remained open. He had previously called for a restructuring of his country. “Only then can we guarantee the repayment of debt as much as possible and also provide” Varoufakis said. In a speech on the island of Crete, he threw the donors before, “with sadism” to charge those citizens who are already severely affected by the crisis.
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For the failure of the recent talks at the weekend he made in the Image newspaper, lenders charge: “The Representatives of the creditor institutions told us they did not have the mandate to profound negotiations on our proposals and measures to solve the debt crisis. That was the reason why there was no result. ” The representatives of the creditors should come to the negotiating table with a clear, tough mandate, called Varoufakis.
Greek crisis “It’s time for a haircut “
The Greeks are their loans can never repay. A haircut is the only solution – because the EU can not topple an entire nation into the abyss.
(Video: Süddeutsche.de , photo: AP)According to the EU Commission, however, the differences were too big and there was too little movement on the Greek side. From the European Commission’s view a resumption of talks only makes sense when the Greek side to produce new proposals. Next, the euro zone finance ministers will discuss. Austrian Finance Minister Hans Jörg Schelling dampens hope of an agreement “. At present, the atmosphere is rather that the proposals are not enough to complete the program”
Merkel to “Speech of Hope” keep
debt crisis In addition to Greece and creditors
Countless meetings are behind the Greek government and the lenders. An agreement on reforms does not exist but. The sticking points at a glance.
hopes of German Chancellor Angela Merkel, the Greek finance minister a “Speech of Hope” in reference to the speech of the US -amerikanischen Foreign Minister Byrnes 1946 in Stuttgart. “Since the Germans had to lift their economic miracle. But someone had to go ahead, forge ahead, proclaim an end of sanctions, which would otherwise have prevented the economic miracle”, Varoufakis said.
The finance ministers of the Euro Group will meet on Thursday and Friday for talks in Luxembourg. Should that no agreement in the dispute over the Greek reform program be achieved, the Heads of State or Government of the euro zone will advise you on a special meeting in Brussels on an emergency plan for Greece.
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