There should be sympathy and even maternal instinct in the game. Before the last act in the drama of Greece is already knitted to the legends. Alexis Tsipras meets tonight together on the edge of an EU-Latin America summit in Brussels with German Chancellor Angela Merkel and President François Hollande. It is very likely the last chance for a solution in the conflict between the government in Athens and their financial backers. Certainly: The German head of government will play a key role
Merkel find Tsipras personable, knew the recent Sunday edition of the Frankfurter Allgemeine Zeitung.. They are by and you have developed in the past few months is a pretty good and cordial relationship. Yes, 20 years younger than Tsipras may have awakened the maternal instinct at Merkel. It may well be that the Chancellor has understanding for the needs of inexperienced colleagues from Athens. But it is not known to be guided by emotions.
Angela Merkel has made Greece quasi eleven fifty-five and only unwillingly top priority. Actually should indeed come to an agreement on the deal with the reform requirements for new loans the round of Euro Finance with Athens. But there the Greek Giannis Varoufakis had quickly applied the other 18 euro area countries against them. Initially there was the vague hope that the unloaded troops in Athens can at least deliver in the fight against corruption, nepotism and for more tax honesty. But even here it remained until recently with announcements.
The coalition angered their partners with threats and vague promises. Actually, you have to realize after four months Drama in the euro group that the coalition in Athens fresh money and if possible a decree of old debts without any restrictions wants. But Greece’s partners have to justify to their voters if they have new billion to Athens. In Slovakia or the Baltic states pensions or minimum wage or part are lower. In these countries, you do not understand, if Athens does not remediate the highly loss-making pension system and at the same time wants to loans of the euro countries.
The nightmare scenario threatens
It is therefore a false impression that it is about a duel between Berlin and Athens in the drama surrounding Greece. Also to invalidate this impression, Angela Merkel will be accompanied with Tsipras of Hollande today at the meeting. If the Chancellor then perhaps paving the way for a deal with Alexis Tsipras, the question will fade into the background if Greece runs the funders of EU, European Central Bank met (ECB) and International Monetary Fund (IMF). In fact come in the last chapter of the drama surrounding Greece political considerations into play. If the economy is the only criterion, the Euro countries, the reform laggards Greeks could actually drop. The risk of infection is averted thanks to successful reform programs in Spain, Portugal or Ireland. In addition, the euro zone is the euro rescue fund and the active Euro Fed a better position than at the beginning of the crisis.
The time now is less about numbers than to big politics or the question of whether the EU can allow instability on its southern flank. Although the euro zone could cope with the loss of Greece, but Greece could after Grexit descend into chaos. A nightmare scenario: stores or banks would looted state structures break all together. The European partners have so well either way to pay. Finally, it could not just watch the EU in a humanitarian catastrophe in Greece.
This is likely to Angela Merkel today also have in mind when it meets Tsipras. Besides, they will also think about their place in the history books. No sympathy for the Greek Premier hardly plays a role. Merkel knows that Tsipras is still the most sensible in the coalition of ideologues, open EU opponents and Marxists. For a happy ending, however, he will have to move. Merkel can not put quite out of power, the rules of the funders. You can only ensure that the margin still expanded slightly and the rules are overused.
Overrated Tsipras Merkel?
The risk before the meeting today is that Tsipras overestimated the power of Merkel and continue playing poker. In an interview with “Corriere della Sera” Greek Prime Minister continued to build on the threat of force, rather than conform to his followers on a deal: “. If Greece goes bankrupt, the markets will look immediately after the next victim” Spain and Italy could then the same fate share and initiate the end of the Euro Zone the Grexit.
This is what outside Athens hardly anyone sees in the other capitals is. Greece urgently needs money and threatens the partners, on whose help it is more dependent than ever. End month forfeited the 7.2 billion euros, which is actually still be available for Greece. In order for the money to flow, would have an agreement at the last minute to be fixed in detail and in some euro area countries, parliaments can agree a deal yet. The tight schedule is really just to keep even if today manages the Tête-à-Tête breakthrough evening.
(Tages-Anzeiger)
(Created: 06.09.2015, 23:42 clock)
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