Thursday, December 15, 2016

Tsipras Merkel: No roses from Athens –

flowers is not likely to have the Greek Prime Minister Tsipras today at his Berlin Visit in the Luggage, a lot of questions to Chancellor Merkel. His country is still in need of support. But Tsipras’ negotiating position has improved.

At first glance, Angela Merkel and Alexis Tsipras does not have a lot in common: too different political Beliefs and the personal life cycles. Merkel is 20 years older than Tsipras and has many times more experience as a head of government. You managed a state budget of 300 billion Euro. He was glad to get last weekend with a budget of 56 billion Euro through the Parliament.

Since 2010, Greece financial support. For the third utility in the amount of up to EUR 86 billion, the donors and the government in Athens had agreed on a comprehensive reform program until 2018. The EU, the ECB and the IMF, but in the meantime deceived, because Tsipras has announced a comprehensive package for the benefit of the Greek pensioners. Also, the German Finance Minister, Wolfgang Schäuble, has registered reservations against the Greek decision.

Schaeuble is likely to have ensured that Tsipras got the receipt Already-agreed Debt relief were first exposed to. Until the beginning of the month, the Euro Finance Ministers had decided, among other things, to reduce Athens, the risks of interest-rate increases in the coming decades, and to extend for a part of the Greek debt maturities.

Not a mono-thematic Meetings

While Schäuble looks, especially with money, is not for Merkel at least is still a topic of high relevance, not to say of great importance. 60,000 refugees currently reside in Greece, in the crowded Hot Spots on the Greek Islands. Not, it is possible to supply these people, and accommodate, probably several of them on the way in the direction of North.

headlines and images threaten so that Merkel in the Bundestag election campaign in 2017, wants to avoid. In addition, you need alternative allies in the Region, should burst the refugee deal with Turkey. The Afghan suspects had been convicted in one of Freiburg’s murder case already in Greece because of another violent crime, but prematurely, was dismissed and could leave the country, is not likely to make the conversations easier.

economist Ansgar Belke believes that the EU partners to show against the Background of the issue of the refugees overall, more willing to compromise than in the past. The interest of the EU is high, to keep Tsipras in the office: “As Prime Minister Tsipras needs to take responsibility for and contracts to sign. In Opposition, he would have a free Hand to torpedo the appropriate agreements, and to turn the mood against the EU.”

Tsipras without a majority

This is beat Tsipras domestically. Latest polls show the 42-would have-Year old is no longer a majority, reported the ARD radio correspondent Michael Lehmann from Athens. Tsipras of the money lenders.

The interim financial statement by Jan Hogrefe, an expert in international Finance and financial management, first of all, cautiously optimistic. It could be that the Greek economy I, the economy: “The latest Figures suggest a recovery, albeit at a very low level. The Figures for the public finances are also not worse than recently planned.”

Hogrefe understand that Tsipras is using the opportunity for “gifts”, especially since the opposition Nea Dimokratia attacking for his austerity policy in focus. This, in turn, Hogrefe holds for almost “scandalous”, but in the European Parliament, Nea Dimokratia as well as the CDU and the CSU in the EPP group, which, in turn, of Greece the austerity measures, and calls.

but Then admits Hogrefe: “The political situation is still unstable, and the parties do not always work together. This is perhaps the greatest mortgage. Debt repayment is still on wobbly legs – it is still a very, very long way.”

“a Long way” or “shambles”?

economist Thomas Mayer looks less a long way since a pile of broken glass. The help was a failure, the country is bankrupt. Mayer may not realize that the Tsipras government delivers the reforms, the qualify section of the country for a debt, such as the International monetary Fund calls.

the same if it considers Mayer to be impossible to meet the demands of the European stability mechanism: “Nobody can force a public budget surplus, reduce the debt up to the load, which can then be paid shouldered and back.” In consequence, only as loans disguised transfer payments, which would be indefinitely paid remained.

economist Max Otte says Greece’s debt load is reimbursable: “The far-reaching reform of the inability of Greece and the reform of the unwillingness of the government to increase the Problem. Ultimately, Tsipras knows that he sits at the longer lever. The EU is vulnerable to blackmail, because a Failure is you do not want to admit.”


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