Greece – Special summit of the 28 EU countries canceled – Süddeutsche.de

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• Without decision of euro area countries no EU summit: the planned meeting of the 28 heads of state is canceled
• The 19 euro countries are from Sunday afternoon instead meet as long as necessary.
• On Saturday evening, the euro zone finance ministers had initially can not agree on a joint course in the Greek debt drama. Advise you further from 11 clock.
• Sigmar Gabriel holds Grexit on time only with the consent of Athens to be possible.

More time for meetings of the euro countries

EU Council President Donald Tusk has scheduled for Sunday night special summit of all 28 EU States canceled to help Greece. Instead, there would be only one already planned summit of the 19 leaders of the euro area countries from 16 clock, Tusk said on Sunday morning on Twitter without further explanations with.

Earlier, the euro zone finance ministers on Sunday morning of eleven clock are continue on in Brussels their discussions on the Greek austerity and reform plans. A dispute in the euro group had prevented an agreement on Saturday and leave debate the Minister about nine hours controversial.

criticism of Germany’s attitude towards Greece

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Italian Prime Minister Matteo Renzi expresses sharp criticism of Germany in Greek debt dispute. A humiliation of Greece it should not be, says Renzi newspaper Il Messaggero . “Italy does not want a Greek exit from the euro, and Germany I say. Enough is enough” Previously, Dimitrios Papadimoulis, Vice-President of the European Parliament and member of the Greek ruling party Syriza, Germany had accused of wanting to humiliate with new demands in the debt dispute Greece. In an interview with the station Mega TV, he also speaks of an attempt to overthrow the government of Prime Minister Alexis Tsipras.

New aid package worth 74 billion euros

Athens had a savings and reform package submitted to obtain a new aid package with three years maturity and a circumference of 74 billion euros by the donors. Since many countries, including Germany, have objections, requires additional reforms Athens. There go also to the rapid adoption of reforms already from next week on, to build trust, reported diplomats. Discussions are under enormous time pressure, because the acute bankrupt threatened country must repay to creditors 4.2 billion euros, which it has not in the course of last month.

Five-year break

Federal Finance Minister Wolfgang Schäuble ( CDU) requested either acting swiftly to improve or at least five years ‘time out’ Greece from the euro zone. Proposals Athens could “not be the basis for a completely new, three-year ESM program” hot it there. It lacked “centrally important areas of reform to modernize the country and to promote economic growth and sustainable development over the long term”. The ESM is the euro bailout fund. Instead remained two ways Schäuble’s view. So Greece should improve its proposals either quickly and comprehensively with the full support of Parliament. Greece should transfer assets in the amount of EUR 50 billion to a trust fund, which they sell and therefore ablation debt. The second way negotiations with Athens would be called a “time out”. The country should leave after this variant, the euro zone for at least five years and restructure its debt. It remains EU and get more “growth-enhancing, humanitarian and technical assistance”. In Greek government sources said, a proposal on a temporary withdrawal of Greece from the euro zone was not officially submitted to Athens.

Position Paper Greek crisis position paper crisis in Greece

(Photo: SZ )

The considerations for a possible five-year Euro-out of Greece with Chancellor Angela Merkel (CDU) and SPD leader Sigmar Gabriel agreed – at first it was unclear whether the SPD it knew. But then Gabriel posted at night on Facebook: “The SPD continues to pursue the goal of keeping Greece in the euro zone, if the necessary conditions can be created which is also the objective of the federal government.”

The proposal of Schäuble was for a temporary withdrawal of Greece from the euro zone the SPD “naturally known”. And further wrote Gabriel: “In such a difficult situation at any conceivable proposal must be examined impartially.” This “would only be realized if the Greek government would keep to himself for a better alternative”

Gabriel was rewarded on facebook nasty comments:. “Dear Sigmar, so slowly you’re scaring me Sorry, the! has nothing to do with social democratic attitude, “it said. Or: “If you want an exit shaft, Sigmar, then Go on as the SPD was certainly not privy to this” plan “

Trust missing

Dijsselbloem reported meanwhile in. night: “We had an in-depth debate on the Greek proposals.” He added: “. The issue of credibility and trust was discussed” many states lack loud Dijsselbloem confidence that the government of Greek Prime Minister Alexis Tsipras promised reforms really will implement. You ask yourself, “whether the Greek government will be familiar (can), that they do what they promise,” he said. The Greek parliament had Tsipras has given a mandate for negotiations on its reform plans.

If the finance ministers agree to these measures, it could pave the way for negotiations on a new aid package. If you decline, a withdrawal of Greece from the euro area (“Grexit”) would not be ruled out. Greece need in the next three years about 82 billion euros, it said in Brussels circles. “We now have to deal with funding shortfalls, which are beyond all that with which we have dealt in the past,” Schaeuble said.

Greece has in the past five years international aid totaling 240 billion received Euro. The funders had the proposals Athens initially “a basis for a new ESM program” considered as EU Monetary Affairs Commissioner Pierre Moscovici said. The funders institutions consist of European Commission, European Central Bank (ECB) and International Monetary Fund (IMF). Programmes submitted after months of stalemate austerity and reform package also includes a value-added tax reform. By 2022, the retirement age is set to rise to 67 years.