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.
- Federal Government plays Grexit by
- Greece and the EU continue
consult Essential information..: In the dispute between Greece and the financiers who remain hardened fronts. Now even warns even the Bank of Greece before the Grexit (11.14 clock). The euro countries have meanwhile agreed on an emergency plan to engage in a definitive failure of the negotiations. Without agreement Greece threatens national bankruptcy. Athens wants to postpone a payment due to the IMF by six months
The current development Ticker:.
Rich Greeks must pay taxes
14.53 clock: The Austrian Chancellor Werner Faymann considers a solution in the dispute over the Greek financial crisis possible. To put it in the bag, one must take care intensively in the coming days about Faymann said on Wednesday after a four-on-one meeting with the Greek Prime Minister Alexis Tsipras in Athens.
What Greece needed , are no further cuts, but more investment. “I’ve always been deeply convinced that you have to invest out of the crisis”, said Faymann. Overlooking the taxes he said, rich Greeks would have to pay their taxes and should not create abroad their money. “I consider it expedient to supply especially smaller pensions no further reduction.”
Euro group chief Dijsselbloem: No more quickly deal with Greece
14.27 Clock: The head of the Euro group, Jeroen Dijsselbloem is pessimistic about a rapid agreement with Greece on the debt crisis. “The chance that we agree with Greece on Thursday, is very small,” the Dutch finance minister said on Wednesday in parliament in The Hague. The 19 heads of departments of the Euro Group will advise on Thursday on how to proceed.
Athens borrows short-term money
13.22 Clock: The debt-ridden Greece has expressed concern in the short term new money on the capital market. As the debt agency PDMA announced on Wednesday, 1.3 billion euros for a total of 13 weeks could be added in the form of short-term government securities. The yield on the auctioned securities was – as with a comparable sales in the previous month – 2.7 percent
Athens wants to amnesty for tax evaders take money
12.39 Clock: <. / strong> With an amnesty for tax evaders to Greece expects revenues from landfilled abroad black money. There should be “unique” opportunity to legalize these funds on payment of a “one-off levy” amounting to a 21 percent, said the Greek Minister for the fight against corruption, Panagiotis Nikoloudis, on Wednesday in Athens. Experts estimate that there are around 80 billion euros on Greek accounts in Switzerland. Two thirds of these are to be untaxed black money.
EU Official expected no agreement for Thursday
11.54 Clock: From Brussels there are increasing signs that still lies ahead no Greece-agreement condense. The Brussels-chief of the “Financial Times”, Peter Spiegel, quoted an EU official as saying: “The meeting will be quite short.” It refers to the meeting of the Euro Group this Thursday, which is considered the last chance for a regular agreement
The funders had received lately massively in Athens. “The institutions since the 20th . February very, very much moved “
Greek central bank warns of Grexit
11.14 Clock: The Greek Central Bank warned in a statement warning that the Greece euro and the EU would have to leave if there is no agreement with the donors. “That would mean the beginning of a painful path, the first to a default by Greece, and finally to the exit of the country from the euro zone and – most likely – would result also from the European Union”, said the Central Bank
. The current, still controlled crisis would grow by snowball to an uncontrollable crisis, “with huge consequences for the banking sector and the financial system”. Therefore, the Central Bank calls on the negotiating parties to reach agreement quickly: “It is of paramount importance to avert the immediate risks to the economy.”
In Greece, the tax revenues break a
10.20 Clock: The tax revenues in Greece are to matching reports of the financial press are back in the first five months of the year, around 1.7 billion euros short of expectations. This is because, according to the state radio that the entire economy virtually no longer move.
In addition, many citizens were the deadlines for the payment of taxes to elapse. Instead, they tried to pay taxes later in installments. In addition, VAT revenues have fallen dramatically because many citizens restricted their spending as much as possible.
According to official figures has been dramatic, especially the situation of state-owned enterprises such as the electricity company (DEI). Your customers owe the DEI almost two billion euros. Many Greeks could not pay their water, electricity and telephone bills, because they are unemployed, they say.
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