Sunday the decisions in Greek drama: Greece waiting spellbound at the decisions in Brussels. While the Euro group, although progressing, but will not decide anything, it must now set up the 19 government of the euro countries. A “Grexit” should be off the table for now. The Greeks thriller Ticker
The facts:. Sunday is the decisions in Greek drama dawned. However, the Euro Group has just agreed to spend more time for improvements in the reforms to enter Greece again – until Wednesday. Since 16.30 clock still meet the 19 leaders of the euro countries. Angela Merkel announced “tough talks” to. France Francois Hollande said to want to do everything possible to reach an agreement today.
So it goes on
- The leaders of the euro-zone days . since 16:30 clock to find a final solution and to prevent the “Grexit”
Euro Summit advises compromise
04.47 Clock: The leaders meet again in the marathon summit on the Greek crisis in a large group to discuss a compromise proposal. This was announced by the spokesperson of EU Council President Donald Tusk via Twitter
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Previously, there had been at crisis summit discussions in small rounds. In return for new billions in aid Greece should adopt a long list of demands of the Euro Partners. This involves, among other things, privatization and administrative reform.
“This is a coup”: Twitter users are outraged over tough demands on Athens
04.38 Clock: The euro partners want Greece only under tough save editions with new money before bankruptcy and Euro-off. While wrestling in Brussels on Monday night still punches, came in the online service Twitter under the hashtag #thisisacoup (This is a coup d’etat) an avalanche of indignation about the claims the ball rolling. In particular, German Finance Minister Wolfgang Schäuble (CDU) came here in the line of fire.
“What this government is wreaks just shameful,” tweeted a German user. “So many Goethe Institutes can not build in order to repair the damage this weekend again you,” said another.
A Greek Twitter users turned to his Prime Minister Alexis Tsipras: “Alexis take the next plane and return to your homeland (…) Do you trust!.”
In Germany Twitter listed the keyword early Monday morning at the forefront in its trend list. World maps showed countless tweets under the hashtag from Australia to South America, the number of posts increased allegedly to 03:00 clock at over 200,000.
CSU leader Seehofer imposed own party muzzled
03.40 Clock: In the dispute over a third rescue package for Greece CSU chief Horst Seehofer party leadership and members of the Bundestag to exercise restraint invited. As the “Bild” newspaper writes on Monday, leading CSU officials instructed Seehofer will not comment critically on the possible negotiation of a third bailout package currently.
Instead, to simply explain the deputies and officials that they trust “on the negotiating skills of the Chancellor”. The CSU leader wants to prevent with the muzzle, that there is too much criticism from Germany and talks with the government in Athens at risk, reports “Bild”, citing CSU circles.
Only France and Cyprus clearly on Greece page
02.23 Clock: The latest austerity and reform decisions of the Greek Parliament has a large majority of finance ministers of the euro zone still not convinced
“Germany , that’s enough! ” – Italy softener Renzi attacks on Schäuble
On the Greek side were therefore only France, Italy and Cyprus – with Italy, this position is said to have represented only with fickleness. The remaining 15 ministers had majority explicitly expressed that the previous program still do not justify any new negotiations on a further “bailout”.
Euro countries no longer threaten Athens with “Grexit on time
01.32 Clock: In the pursuit of new grants, the euro partners Greece waive initially on their threat of a temporary “Grexits”. The reported diplomats early Monday morning after about nine hours of marathon negotiations with the euro crisis summit in Brussels.
In a paper of euro zone finance ministers at the summit on Sunday of the speech still had, that Greece temporarily had to leave the euro zone if there is no agreement on an austerity and reform package succeed.
A planned privatization fund is further included in the draft of the final declaration, it said. Athens is to transfer its assets to that trust fund so that he can sell them and thus help pay off debt. The potential magnitude of the assets was estimated in one of the first drafts of 50 billion euros. This amount is still controversial, it said.
Merkel, Hollande and Tusk discussed again with Tsipras
00.37 Clock: Renewed crisis talk in small groups: German Chancellor Angela Merkel, French President Francois Hollande and EU Council President Donald Tusk withdrew on the edge of the Euro Summit in Brussels another second time with the Greek Prime Minister Alexis Tsipras for consultations back. The learned the German Press Agency in on Monday night of negotiation circles.
Ifo chief meaning estimated requirement Athens until 2018 to up to 150 billion euros
00.15 clock : The President of the Ifo Institute, Hans-Werner Sinn, the financial needs of Greece in the next three years ranks significantly higher than a previously known. In an interview with the “Bild” newspaper on Monday sense said: “Over the last five years, Greece has every year more than 50 billion euros, a quarter of the economic output get, or be taken by self-printing of dollars with the approval of the ECB that. you will now make do with one third of the total, as alleged, I think is highly unlikely. “
The whole country depends on a drip and get it can not get rid if the euro remains legal tender, explained meaning. The Ifo President rejected that submitted proposals Athens inadequate from: “The suggestions are essentially based on tax increases rather than spending cuts tax increases are mere promises, from which you unfortunately know that they are not implemented in Greece What use taxes that are not even.. be paid? “
This sentence in the final paper of the Euro Group is a big surprise
sense supported both the proposal by German Finance Minister Wolfgang Schäuble, perform a Grexit on time, “Minister Schäuble has just recommended the right thing. Greece has approved credit a standard of living that far exceeds its economic performance. “
Just a currency devaluation can accomplish and ensure that Greece get along without the money of other countries cuts in wages and pensions evenly and socially acceptable.
summit again for discussions in smaller circle interrupted
Monday, July 13, 00.02 Clock: After nearly eight hours of negotiations, the Euro-crisis summit to save Greece was interrupted again. EU Council President Donald Tusk had convened a second break for consultations in a smaller circle, said his spokesman on Sunday night in Brussels via the short message service Twitter.
A few hours earlier, Tusk had, Chancellor Angela Merkel, French President François Hollande, the Greek Prime Minister Alexis Tsipras and his finance minister Euclid Tsakalotos withdrawn a first meeting in a small circle.
Athens wants at Euro summit also sign to give ECB
23.37 Clock: The Greek Government has also in the negotiations on the Euro Summit in Brussels want to give a signal to the European Central Bank (ECB). As BelTA learned from government sources in Athens late Sunday evening, Prime Minister Alexis Tsipras wanted to make the ECB’s clear that Athens and the international financiers headed for an agreement.
The Greek government wanted to thus open the way to free the ECB on Monday frees more emergency loans for the Greek banks. Without such emergency loans to the financial system of the country threatened a speedy collapse.
Video: scandal between Draghi and Schäuble: That really happened at the meeting of the Euro Group
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