Find EU and Greece still a way out of the crisis? Or is it already too late? Until June 30, the Greeks and their funders have time for an agreement. All information in the news ticker.
- default is fast approaching.
- Discussions in Euro group ends without agreement
- ECB expects bank run of the clients.
The most important thing in brief: In the dispute between Greece and the financiers who remain hardened fronts. The European Central Bank fears a customer rush for Greek banks (bank run) and warns that the institutions would remain closed on Monday (06.18.2015, 21.45 clock) . The Euro leaders meet on Monday at a special summit to solve the problem at the last minute. Without agreement threatens Greece on June 30, the national bankruptcy. Athens wants to postpone a payment due to the IMF by six months
The current development Ticker:.
Unions Financial chairman : Follow a Grexit are manageable
10.48 clock for euro zone: The CDU / CSU Spokesman in the Bundestag Finance Committee, Hans Michelbach (CSU), sees no realistic chance more for a negotiating success in the Greek Debt Crisis. “Anyone who wants to keep Greece in the euro at all costs, is the euro and Europe destroy”, the chairman of the CSU SME Union declared on Sunday in Berlin. “The consequences of a Grexit are manageable, at least for the euro area.”
Michelbach warned against “rotten political compromises” with the special summit of the euro countries on Monday. “We need clarity at last and not the continuation of a senseless stalemate.” The governments of the euro zone would have to “stand firm,” he said. “If the EU is the government in Athens can go through the previous refusal, we can bury the euro.” The government in Athens had done nothing that the country’s economy forward could bring, criticized the CSU politician.
Michelbach called on the European Central Bank (ECB) to stop the emergency loans for Greece immediately. He also opposed considerations to extend the second bailout a renewed time, in order to gain time for further negotiations. Regardless of the outcome of the negotiations was anyway not to think about a withdrawal of the last installment of the rescue package amounting to more than seven billion euros. For this, the Greek government had not created the conditions
Before Euro leaders say. Feverish discussions in Athens
09.15 Clock: One day before the special summit of the euro countries in Brussels the discussions in Athens are in full swing. For Sunday lunch Prime Minister Alexis Tsipras has called a cabinet meeting, according to government sources. He wanted to teach his ministers about the positions Athens. The day before there had been several hours to consultations demanded by the creditors austerity measures in the seat of government. Insider did not exclude that Tsipras travels to Brussels on Sunday evening.
Athens has to salaries and pensions for June shorten
Sunday, 21.07 clock: Greek pensioners and civil servants must be prepared, that their salaries for June not be fully paid. The reported the “Frankfurter Allgemeine Sonntagszeitung” (FAS) with reference to internal calculations of financiers. Thus Athens missing end of the month from 2 to 3.6 billion euros -. The tax revenues have declined dramatically
As a result, the government then not only the overdue rate of 1.6 billion euros to the International Monetary Fund does not settle. You must also cut pensions and salaries. The expenses for this are the end of June at 2.2 billion euros. Even an agreement with Athens donors in the coming week on reforms to the cuts would not change anything. Since the reforms still only be decided in the Greek Parliament and national parliaments have to approve five of payment of the final program funds of 3.7 billion euros, Athens will be no earlier than mid-July return cash
Video:. Tone between EU and Greece is always rough
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