The agreement stands between donors and Greece. A majority of Greek MPs approved first austerity and reform requirements of euro area countries. However, Prime Minister Alexis Tsipras lost his governing majority. The Greeks thriller Ticker.
- Since Monday, the banks reopened
- Greeks adopt austerity measures and reforms
- Politicians threaten Athens with breakdown of negotiations
The facts: The agreement between donors and Greece stands. Banks are open again after three weeks. The government in Athens has started the repayment of 6.25 billion euros to the European Central Bank. Tourists and locals get the tough reform plans to be felt: The VAT on food rises violently. In a Arte-Documentation revealed Prime Minister Tsipras his political beliefs
Should Germany Greece continue to help?
unrest at Syntagma Square: demonstrators throwing Molotov cocktails at police
22.18 Clock: On the Syntagma Square there had been riots during demonstrations. Chance tried participants in the protests, Molotov cocktails to throw the attending police officers.
Several reports on According to Twitter, however, the situation calmed down quickly.
The debate in Parliament has started - vote expected until Thursday morning
21.21 Clock: in the Greek parliament on Wednesday evening, the debate about another reform package the government began. The approval of the law plans is condition for negotiations with the creditors Greece via a third billion-aid package. Before the vote, which was not expected until early Thursday morning, the opposition had already announced their agreement. This is considered safe that required by international donors measures are adopted.
The Greek Prime Minister Alexis Tsipras is to implement the reform and austerity plans but before a new trial of strength with the left wing of his Syriza alliance. After the loss of the parliamentary majority for the first reform vote last Thursday, MEPs will now approve the second demanded by creditors Edition package. This time it comes to the modernization of the judiciary and the banking system.
With the roll-call vote and the result is made between 01.00 und 02.00 clock (CET) expected on Thursday morning, the Greek state television reported, citing the Parliament Bureau. Come
Recent protesters on Syntagma Square at
20.18 Clock: FOCUS Online reporter Philine Lietzmann reported from Athens that now the last group arrived at Syntagma Square. Now there is all full of demonstrators. Police have cordoned off many access roads. By 21 clock (local time) to start the debate.
Communists and officials call for demonstrations - thousands come to the center of Athens
19.21 Clock: of thousands of demonstrators have protested on Wednesday night in central Athens against new austerity measures. Called for the actions of the Communist trade union PAME had and the Union of Civil Servants (ADEDY), as the State Radio (ERT) reported. The demonstrations took place under the slogan "Against the barbaric austerity measures" instead. The Greek parliament should vote on the evening further reform laws. The endorsement in summary proceedings is a prerequisite that the lender with Athens negotiate new grants. The demonstrations began peacefully, Reporters on the spot
Concerned about Greece. Poland ex-Finance Euro-skeptics is
18.44 clock: The Polish National Bank chief and former Finance Minister Marek Belka has made himself known as a Euro-skeptic. He had "never been a special enthusiast," he said Wednesday in Warsaw Parliament with a view to the single currency. "When I was in government, we have been preparing for the introduction of the euro, but you never heard of me any dates, and you can hear it not well today," said Belka. Anyone talking about a Polish accession to the common currency today, must take into account the Greek financial crisis. Belka threw therefore facing Poland's potential membership in the euro area, the ironic question: "Let's hurry just so to pay as the poor Slovaks or Estonians for Greece?"
First protesters come to the Syntagma Square
18.22 Clock: FOCUS Online reporter Philine Lietzmann reported from Syntagma Square. The police presence there is now huge, but there are still a lot of tourists and locals go. From Autonomous there is no trace. About 150 demonstrators have come to the place. They chanted Ochi - no. The protest draws apparently past the Syntagma Square.
Police is preparing to debate the night before
18.07 Clock: The police bring in position for the debate in the evening. Nearly a dozen police buses parked at Syntagma Square in Athens. Police, private security guards and plainclothes men with pistols at the belt back up your environment, reported FOCUS Online reporter Philine Lietzmann. When the parliamentary debate starts, however, is not fixed yet. Yet days fractions individually.
If Greece can not pay: EU Commission wants new rules for EFSM
17.44 Clock: The for Greece- Rescue reactivated EU bailout pot EFSM should get different rules for its use according to the will of the EU Commission. These are intended to prevent non-euro-zone countries from risks, if Greece can not repay its loans, as the European Commission announced in Brussels on Wednesday.
From the EFSM, which is filled by all 28 EU member states, around 7 billion euros had been transferred as a bridge loan to Athens. Thus the country could meet its short-term financing needs and to equip the ailing banks with fresh capital.
Countries such as the UK, which are not members of the euro zone, insisted to be protected from potential financial losses in the use of the EFSM. An appropriate mechanism will now be anchored. Thus the amended Regulation guarantee, according to the proposal from the European Commission that non-euro area countries "obtain full compensation" for financial losses when a state does not repay the loans.
Before Parliament Vote: yet it is quiet on the Syntagma Square
17.25 Clock: At the last major parliamentary vote of Syntagma Square was ablaze. Autonomous fought a street battle with the police. However, before the vote today, the place is quiet. Especially tourists are traveling. "It is simply too hot to go out," says FOCUS Online reporter Philine Lietzmann from Athens. "But it is not ruled out that the atmosphere during the debate tonight is heating up."
ECB are another billion more emergency loans
16.09 Clock: The Council of the European Central Bank has decided to increase the Ela-emergency loans to a billion euros for the Greek commercial banks on Wednesday. This was told the "Frankfurter Allgemeine Zeitung" of central bank circles. The Athenians Fed can the ailing Greek commercial banks thus provide emergency loans of no more than 90.5 billion euros at its disposal.
Last week the ECB had the "Emergency Liquidity Assistance" increased to 89.5 billion euros. This increase was the first since the end of June, when the ECB had frozen the bailouts. The emergency aid made it possible for the Greek banks, for simple services to reopen on Monday. However, capital controls remain in place, as a weekly limit of 420 euros for withdrawals.
In the past seven months, the Greek banks have lost more than a quarter of their deposits, because frightened customers empty their accounts granted. Since the third aid package was promised to bring some customers their money back to the banks. Nevertheless, there are still net outflows, so the banks are dependent on Ela-emergency aid.
Even worse, that the banks have a big mountain of bad loans in their portfolios. The ratio of non-performing loans has increased over 40 percent. This compares with only inadequate provisions for possible losses and now too thin equity cushion. In agreed third rescue package of up to EUR 25 billion are reserved for recapitalization of banks
Video: Tsipras under observation - Delia Velculescu:. Prior to this woman now shaking the whole of Greece
- The euro is in danger: How to save your money
-
Do you also have such a queasy feeling? , you will see 30 pages as you get your wealth in uncertain times and secure it despite euro crisis and low interest-hours and continue to proliferate.
Click here for more information and to download
-
<: "navText"> France blesses aid for Greece from
- TV appearance of Tsipras li>Greece repays debt - only not to the IMFWhile Europe trembles Varoufakis makes holidayshope that Greece remains in the euro zone - Dax stableTsipras speaks before the European ParliamentAll Greek regions vote 'no' - 61.31 percent lean ...bailout fund explains: Greece is insolventIf" Yes "will withdraw Varoufakis, but continue to negotiateVaroufakis: "Europe humiliates our government"lace round investigated prior agreement in Greece disputeagreement again postponed - even the night summit with Tsipras ...
No comments:
Post a Comment