Find EU and Greece still a way out of the crisis ? Or is it already too late? The government of Athens has now presented a reform list. . All information in the news ticker
Euro Course – Next worries about Greece
11.03 Clock: The Euro exchange rate has fallen on Monday in the face of continued uncertainty over Greece. The European single currency cost 1.0780 US dollar in early trade. The European Central Bank (ECB) had the reference price on Friday at 1.0814 (Friday: 1.0711) fixed dollar. A solution of the Greece problem is not in sight. “The euro group meeting at the end of the week will remain in regard to Greece, probably without a resolution, because the negotiations appear to falter,” writes the Landesbank Hessen-Thüringen (Helaba) in a comment. Market Moving Economic data were not expected in the further course of trading.
10.06 Clock: In the debate as to manage the debt crisis in Greece European Commissioner Günther Oettinger throws (CDU), the Euro country the right to delay the necessary negotiations. In recent weeks, there was “virtually no progress in the negotiations with the Troika institutions,” Oettinger said the “Bild” newspaper. The reform efforts of the country were “low”, Greece Time run. The country was therefore “in May finally financially with their backs to the wall,” warned the German EU Internet commissioner.
Greek Foreign Minister accuses Germany “financial racism” before
09.15 Clock: In Greece these days makes a book a sensation, which accuses Germany “financial racism”. Posted it has calculated the Greek Foreign Minister Nikos Kotzias.
“The new Germany has the leading role in Europe, but they lack the culture “, the “Bild” newspaper quoted the Scripture , “Germany punished others is unfair and rude.”
Germany would lead to “ like a colonial master ,” citing further the sheet. “In Germany there are financial nationalism that leads to financial racism against countries such as Greece.”
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IMF: Finally progress in negotiations on debt Athens
Monday, April 20, 08.21 clock: After weeks of stalemate there are, according to a newspaper report first progress in talks between Greece and its international creditors. “For some days a little more momentum in the negotiations between the three institutions, the Greek government has come,” said the European head of the International Monetary Fund, Poul Thomsen, the “Handelsblatt” (Monday edition). This is “a good development,” the “reason for hope” give.
Despite the progress of the negotiations IMF, European Central Bank and the European Union are with Athens but still “far from the goal,” said Thomsen , You would have to get a lot more momentum when a timely agreement should succeed. The budget of the Greek governments would perhaps suffice to June, said the head of the IMF’s European Department. The amortization expense, which then zukämen on Greece, were very large. “We need an agreement beforehand, so that further aid loans can be paid,” warned Thomsen.
Greece threatens without additional financial support to the insolvency and possibly an exit from the euro. The negotiations with its lenders on a reform program – the requirement for the disbursement of the next tranche – came so far but no progress. The negotiators of the lender defendant, the Greek Government had submitted only vague suggestions
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