The agreement stands between donors and Greece. But now the deal must go through the parliaments. Only then can the rest of the euro parliaments may approve the third billion-aid package. Greece has presented Wednesday night, on Friday must now follow, the Bundestag. The Greeks thriller Ticker.
- Agreed by the Greeks poker
- So Dax and dollars to respond to the Grexit crime.
- Greek parliament passed austerity measures and reforms
The facts: The agreement between donors and Greece stands. But now the deal must go through the parliaments. The Greek Parliament voted early Thursday morning after a previously heated debate. A majority of MPs approved first austerity and reform requirements of euro area countries. However, Prime Minister Alexis Tsipras lost his governing majority. On Friday, the third aid package then goes to the Bundestag
Should Germany Greece continue to help?
And so it goes:
- Friday : After the Greek parliament, the German Bundestag must now approve the aid package
ESM chief Regling warns banks collapse in Greece
08.31 clock: The head of the euro rescue fund ESM, Klaus Regling, warns of failure of the required negotiations between Greece and its international lenders on a third aid package. Should the talks fail, will "collapse of the Greek banking system," Regling said in ARD "Morning Magazine". The four largest Greek financial institutions are "systemically important banks". If this would collapse, "it will seriously affect not only for Greece itself - there of course disastrous consequences - but also for the euro area as a whole have"
Unlike the beginning of the crisis, however, there no longer exists the ". risk of domino effects, "Regling said. At that time "the crisis could spread rapidly to other countries in the euro zone". "The danger today is no longer there, because other countries have done their homework," Regling said, citing as examples Spain, Portugal and Ireland. The states would "today the highest growth rates in all of Europe" and stood "as structurally healthier". "A very important point" for Greece is now, "that the banks are recapitalized and restructured"
Left-chief Riexinger criticized savings targets for Greece
07.26 clock:. Left-chief Bernd Riexinger has criticized the text approved by the Greek Parliament savings targets. He was "dismayed that the European Parliament had to adopt regulations, the poison for the Greek people and the economy are" Riexinger said in a statement distributed Thursday morning. Greek Prime Minister Alexis Tsipras had to negotiate "with the gun at his temple", the announcement of the creditors have been: "austerity or Grexit".
The Greek Parliament had previously approved first austerity and reform conditions that had made the leaders of the euro zone countries to a condition that the lender negotiate with the government in Athens on new grants. The legislative package includes measures adopted mainly to increase of VAT and the abolition of early retirement.
top economist calls for special tax for Greece
06.05 Clock: The President of the Centre for European Economic Research, Clemens Fuest, has called for an increase in the solidarity levy to to finance the Greek bailout. "Honesty to the voters and taxpayers and the principle of intergenerational justice require it, for the financing of Greece program to raise taxes in Germany or to adopt spending cuts," he writes in an article for the "Frankfurter Allgemeine Zeitung".
Because if the Bundestag decide on the new aid program for Greece, there go unlike previous rescue programs not loans, but transfers - "So to money that does not come back," argues the Mannheim economist. "The laying of a transfer program for Greece is the euro zone a fundamental change: the entry into the transfer union."
It is therefore important that will be disclosed to the voters and taxpayers in Europe that the new payments to Greece would transfer character, which would strain the budgets of the other euro countries.
If you go out of a total volume of aid of € 84 billion and assume that about a quarter attributable to Germany, that meant a load of 22 billion euros over three years. "This could be financed for example by increasing the solidarity surcharge of 5.5 to 8 percent for three years," suggests Fuest before
Video: Schäuble accesses the next Greek bailout trick - with two major disadvantages.
Federal Government reserves Grexit plan further "in the drawer"
03.07 Clock: The Federal Finance Minister Wolfgang Schäuble (CDU) into play temporarily euro exit of Greece is according to a report of the "Bild" newspaper on Thursday continued a scenario in which the federal government holds. A senior ministry official told "Bild": ". The Grexit plan is off the table, but he is still in the drawer"
reason for sticking to the plan are the doubts about whether the Greek Government will actually accept and implement the recently agreed reform and savings targets. "The negotiations in the next few weeks are not automatic. The Greeks need to know that there are alternatives, "it says according to the newspaper from the federal government.
Also, could a temporary exit from the euro and return to the drachma accelerate economic growth in Greece in the medium term. The CDU MP and foreign policy expert Karl-Georg Wellmann told "Bild":
Greek opposition leader "Economically helps Grexit the Greeks more than new billion euros.": Correct message to Europe
02.13 clock : The head of the Greek conservative opposition party New Democracy, Evangelos Meimarakis has welcomed the approval of the austerity and reform laws
"The Parliament considers Greece on track". , Meimarakis said early Thursday morning. This was the right message to Europe.
New elections were for him no option Meimarakis said. His party would also apply for a vote of no confidence, although the government of Prime Minister Alexis Tsipras had lost its majority in the vote.
The leader of the left wing of Syriza Party, Energy Minister Panagiotis Lafazanis said that he supported further the Government despite the negative votes in this vote. "We will continue together. We support the government, but are against the austerity programs," he said.
The vote
01.41 Clock: 229 MPs in Parliament with 300 seats, voted for the measures. 64 MPs voted against. There were six abstentions. This was announced by the Parliament's Bureau.
The coalition of Prime Minister Alexis Tsipras lost during the vote clearly the government majority and may remain only as a minority government in office. Tsipras had to withdraw threatened just before the vote so he should lose government majority.
32 MPs of the ruling Left party Syriza voted against the austerity program, 6 abstained, as the Greek radio reported. So far, the coalition had 162 MPs, the majority is 151 parliamentarians.
Video: street battle in Athens: here the autonomous Greeks raced completely out
- Successful Self employed
-
annoying colleagues, too little content: Do you dream of being your own boss? FOCUS Online explained in PDF 28 pages , as you become a successful founder and which pitfalls lurk.
Click here for more information and the Downlad
- While Europe trembles, makes Varoufakis holidays
- Athens lays Euro Zone comprehensive list of suggestions before
- Athens austerity program has sent
- Wolfgang Schäuble speaks plain language - "Put it out a measure ...
- IMF chief Lagarde wants rescheduling for Greece
- All Greek regions with No - 61.31 percent lean ...
- Greek State Council decides on action against referendum
- Hollande:" There are only a few hours'
- >
No comments:
Post a Comment