The Greek Government has submitted a final proposal to the donors by its own account. This could save the country from the state bankruptcy.
The Greek Government and donors negotiate for five months about how the debt crisis of country could be overcome. The EU and the IMF hold date back 7.2 billion euros in loans because Greece did not fulfill the requirements. On Monday, the finance ministers of the euro countries are first come together, then to their leaders meet. Should not some Greece and donors, the country risks a sovereign default
Federal Finance Minister Wolfgang Schaeuble warned the day before the summit again reforms in Greece:. “Where decided in Europe reforms not only, but have also been implemented our stabilization policy has worked in recent years “. This had happened in Ireland, in Portugal, Cyprus, Spain “and in Greece also, as long as there reforms have been implemented,” Schaeuble said in Rasdorf where the Point Alpha Prize he was awarded for his contribution to the unification of Germany and Europe , He warned against a softening of the common European rules. “Because if we look at what we have agreed, can not leave, then grow no confidence in Europe,” warned the Minister of Finance.


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