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This article was published April 6, 2015 at 10:05.
The last change is the April 6, 2015 at 20:32.
Greece refund the International Monetary Fund on April 9, as expected. Christine Lagarde cashes the assurances of the Minister of Finance greek, Yanis Varoufakis, flew to Washington to meet with representatives of the US Treasury. Increases meanwhile the “frustration” of European against Athens: many EU representatives, including several finance ministers, would have suggested in private conversations – reported the Financial Times – that only a decision of the Prime Minister Alexis Tsipras to “download” the ultra left wing of his party Syriza could make an agreement on the rescue possible.
Lagarde, however, welcomes the “confirmation” of the repayment of 458 million euro by Greece. The meeting with Varoufakis the reform agenda of Athens. “We exchanged our views on current developments and we said to agree that effective cooperation is in everyone’s interest. We observed that the continued uncertainty is not in the interest of Greece, “Lagarde said after the meeting, noting that he had” expressed its appreciation for the commitment of the minister to improve the capabilities of the technical team to work with the authorities for the necessary due diligence in Athens, and strengthen political discussion with the team in Brussels. I reiterated that the Fund remains committed to working with the authorities to help Greece to get back on the path of sustainable growth. ”
Meanwhile, some European registries are filtered hope – reported by Ft – that Tsipras to form a new coalition with the traditional center-left party PASOK and with the new center-left party To Potami, against whom he fought in January elections. “Tsipras has to decide if he wants to be prime minister or leader of SYRIZA,” says a representative of the European with the British business daily. According to some ministers of the Eurozone’s current government Tsipras’ can not survive, “in this period of uncertainty, without profoundly change its configuration.
The greek Minister of Finance, Varoufakis, for its part, has said it wants to reach a preliminary agreement with creditors at the Eurogroup meeting April 24, reports the newspaper “Naftemporiki.” The agreement would be based on five points: the first is to establish the primary surplus of around 1.5%. Second point: debt restructuring, without necessarily a haircut, linking repayments to nominal GDP. Third, investment package of Bei and European Investment Fund redesigned specifically for Greece. Fourth: bad bank for bad debts. Fifth (and last …): structural reforms.
Last week, Greece submitted a new reform package in hopes of unlocking the rest of international funding, but the proposal has yet to obtain consent European Union and the International Fund Montario. The minister also stated that Athens will not ask for financial assistance to Russia (Tsipras flies to Moscow Wednesday, ed), although it was written especially for an easing of the closure by Moscow to imports, block initiated in response to European sanctions for the conflict in Ukraine.
Varoufakis, however, the interview did not fail to argue on the management of the Greek crisis at this stage of negotiations with the new government, led by Tsipras. “It is obvious that the approach towards our government, at least on the issue of liquidity, it is totally different from that to the previous year. This policy of discrimination threatens the principle of non-intervention in the domestic affairs of the institutions of the Member States of the Union. ” Varoufakis has again denied the rumors about his imminent resignation. “The role of the Minister of Finance is in the middle between the lightning rod and the electric chair. Having this in mind nothing surprises me, “
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