Letter to donors: Schäuble can Tsipras rebuffed – SPIEGEL ONLINE

The Greek Prime Minister Alexis Tsipras wants to accept the previous terms of the creditor, if there are significant improvements. In a letter to the international donors Tsipras has indicated he was willing to “accept” the proposals, but would at the same time “significant changes”. The Euro Group will discuss the letter in its conference call in the afternoon

Tsipras has the heads of the European Commission, European Central Bank (ECB) and International Monetary Fund (IMF) concessions. Thus, defense spending should 2016 by 200 million and 2017 are reduced by EUR 400 million. Although Tsipras would accept the proposed VAT reform the institutions, but the tax deduction for the Aegean Islands of 30 percent should be maintained as well as certain exceptions in the pension system. Tsipras here demands a subsequent end of the supplementary pension “Eka” and for delayed start of retirement at 67. ‘p> Tsipras discussed in the dated 30 June Letter that the proposals of the request for extension of the expired at midnight rescue package and the envoy on Tuesday the request for a new program of the euro rescue fund ESM are.

Sources at the euro area it was, however, several Member States did not want to before the scheduled of Tsipras Sunday referenda on the auxiliary conditions with Athens in negotiations occur. “At first glance, the proposals are weaker than those that have been proposed by the creditors”, also said a euro zone representatives.

Schäuble has Tsipras’ offer back

Also, Finance Minister Wolfgang Schaeuble dismissed Tsipras’ new listing. This did not bring any more clarity. The last offer the funder and the second auxiliary program had lapsed since midnight. Now a completely new situation had occurred because Greece had failed to pay the overdue IMF rate and “we according to IWF rules therefore have a default.” Currently there is “no basis” for serious negotiations with Athens. First of all, the Greek government must be clear about what she wanted.

The Euro finance ministers rejected an extension of the previous aid program for Greece on Tuesday night. This therefore expired at midnight, remaining auxiliary billion fell. Athens had on Tuesday already new aid via the EFSF-ESM successors sought – by 2017 over 29 billion euros. This would be a third utility. Sources at the euro area it was said, for a new program over two years would be “a more substantial reform package” necessary than with the old tool.

Given its acute financial difficulties the Greek government paid on Tuesday a overdue loan rate of 1, EUR 5 billion back not to the IMF. Greece became therefore the first industrial nation at all in the Washington organization in default.