Economy
Monday, April 25, 2016
Stress without end in Athens: Greece’s recovery government looking for money. Once again the negotiations out with the international donors in the length. In July could again threaten bankruptcy.
Greece and its creditors have continued to week beginning in Athens negotiations. This will take place under pressure and be accompanied by rumors. Athens searching everywhere for money and scraped back from the last reserves.
The unions are threatening because of the new austerity measures to put the country paralyzed. Citizens get them not much. The journalists on strike since last Thursday. There is no news on the radio and television. Newspapers do not appear. The strike will not end until Wednesday. The journalists on strike because their relatively healthy pension fund is expected to merge with other loss-making
Other unions are up in arms. The railwaymen want to strike until Monday morning from Saturday to calculated on Orthodox Easter weekend. The confederations of trade unions of public and private sector have called for a 48-hour nationwide strike if next week – the date is not yet clear -. Debated in parliament on a new austerity bundles to be voted
The Greek Parliament is already being debated in the Finance Committee on two austerity packages. 5.4 billion euros are to be saved with the new pension cuts and tax increases. It is also for other measures of around 3.6 billion euros. This austerity package would, at the request of creditors quasi on stock in force, if the Greeks until 2018 the target set should not reach a so-called primary surplus (ie without debt service) to achieve 3.5 percent of gross domestic product.
headwind at Syriza
Without the approval of these measures may not have money flowing from the aid package totaling up to 86 billion euros to Athens, the creditors last summer for Athens ready set. The left wing of the ruling party Syriza has already raised concerns. 11 to 14 Arrayed could not approve the measures. One of the members of this left wing is the Greek Finance Euclid Tsakalotos. Rumors weekend round, he could withdraw. The left wing had in fact last week advised the government, it would be better, she would “fall fighting” than yielding to the excessive demands of creditors. Many interpreted this as a kind of threat to resign
The government in Athens disagreed on Monday. “These rumors are absolutely groundless,” said an employee of the office of Prime Minister Alexis Tsipras. As stated in government circles, “a political capitulation of the Left now open the door for the return of the Conservatives in power far.” Would
During the negotiations drag on, the accounts are empty :. the government under Alexis Tsipras scrapes in their trouble – just like last year at this time – the last means together to government employees and officials pay wages can
threatens back a parliamentary election ?
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Financial experts assumed that Athens “with sorrow and distress” could come by June ends meet. Perhaps the most important chunk comes next: For July 13 Greece has to pay about 450 million euros from the IMF. July 20 good 2.3 billion euros must be transferred to the European Central Bank (ECB). This money has not yet Athens.
Prime Minister Tsipras has a slim majority of 153 deputies in the parliament with 300 seats. Give it only three dissenters, Tsipras would have to rely on the votes of the opposition. Failing this aid, Greece could face a choice again. Opposition leader Kyriakos Mitsotakis of the conservative Nea Dimokratia already called again the Tsipras government to resign. “We want the country pull out of the mud,” he says.
Source: n-tv.de
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