Find EU and Greece still a way out of the crisis? Or is it already too late? In Greece, the pressure on the government is growing. All information in the news ticker.
- Greeks may IMF rate will not pay all at once.
- IMF granted deferred payment.
- suspended negotiations with donors on Friday
The most important thing in brief: the end of June of running the support program for Greece. Without binding commitments under the reform of Greeks blocked emergency loans amounting to 7.2 billion euros can not flow. Greece has shifted its latest installment from the IMF and now has to repay a total of 1.55 billion euros by the end of the month. On Wednesday, Angela Merkel and Francois Hollande will meet with Greek Prime Minister Alexis Tsipras again in Brussels. Meanwhile, Athens has submitted new proposals for reform – but in Brussels on rejection met (items 10.17 clock and 16.18 clock)
Brussels: Athens reform proposals are not sufficient
16.18 Clock: The latest reform proposals of the Greek Government are not sufficient from the Brussels perspective. The objectives set for fiscal consolidation fell short of previous agreements, it said on Tuesday in the EU capital.
So the targets for the primary surplus Athens correspond (budget surplus excluding interest payments) not the numbers that European Commission President Jean-Claude Juncker had agreed last week with Greek Prime Minister Alexis Tsipras.
Representatives of donors – ie European Commission, European Central Bank and International Monetary Fund – require a percentage of gross domestic product as the target for the primary surplus in the current year. This was communicated in the past week Tsipras Juncker. The Greek proposal is according to a report of the “Wall Street Journal” with 0.75 percent behind. Originally, the donors had still three percent required
Varoufakis:. “The German billion are gone”
14.48 Clock: Greek Finance Minister Varoufakis provoked further: “The Germans have been given much too much money. But it’s lost. It has disappeared into a black hole, because it’s never flown really to Greece, but it has gone directly to the banks, “reported the newspaper” Tagesspiegel “.
According to the report of the dazzling politicians railed again against funders. The European Central Bank (ECB) and the International Monetary Fund (IMF) were not interested in a solution of Athens financial problems. “What they propose, is only the continuation of the crisis.”
EU Commission confirms new proposals Athens
12.50 Clock: The European Commission has confirmed that the Greek Government has international donors to produce new proposals. There were various proposals that are circulating, including “new proposals that we have this morning received,” a Commission spokesman said on Tuesday in Brussels. This would now be “scrupulously and carefully “. checked details on the contents wanted the speaker does not call
Tsipras: Spain or Italy could us from the Euro zone follow
10.52 clock. If Greece must leave the euro zone, Spain or Italy could share the same fate, according to the Greek Prime Minister Alexis Tsipras As a result, this could lead to the collapse of the monetary union, the politician said in an interview the Italian newspaper “Corriere della Sera”.
“It would be the beginning of the end of the euro zone,” Tsipras said a day before the potentially decisive meeting with German Chancellor Angela Merkel and French President Francois Hollande in Brussels. The three want to try again to find a compromise in the dispute over the claims of creditors of Greece.
hold“If Greece goes bankrupt, the markets will immediately after the next (victims) out. If negotiations fail, the cost of European taxpayers are enormous, “warned the Greek prime minister.
comeHowever, the Greek Prime Minister was confident, but still to an agreement with the lenders. “I think we are very close to an agreement,” Tsipras said. Donors would have to only a few “alternative proposals” Greece agree about to pension cuts Send
Greeks funders new Reform List
10.17 clock. The Greek Government to Prime Minister Alexis Tsipras has submitted to donors a new list of reforms. As operated in EU circles, they are currently being examined by international donors. (See also Sunday, 12.33 clock and Friday, 21.37 clock)
According to Greek media information paper includes seven pages of reform proposals. The Athens News radio station Skai reported three pages relate to the austerity measures and the other four pages, such as Greece should be financed in the years to come.
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