– On Greece “there is still much, much work to do.” He said the secretary general of the IMF, Christine Lagarde, at the end dell’Eurosummit Brussels. “We must reach an agreement this week, because we have extra time,” said the EU Commission President Jean Claude Juncker. “The Greek proposals – said – despite arriving late, are major steps in the direction required by the institutions.”
” I am confident that the Eurogroup Wednesday will produce results to be submitted to the Council Thursday “and” finalize the process this week, “confirmed Juncker.” We walked out the stalemate, “added the president of the EU Council Donald Tusk. Confident the president French Francois Hollande: to find an agreement “comprehensive and lasting peace remains work to be done between the institutions and the government greek. Over the next two days will be done everything to ensure that the Eurogroup can find a conclusion, before the summit on Thursday “.
Merkel:” There is little time “- ” We hope that Greece remains in the eurozone, one presented by Athens is a good proposal but we need to work on and there remains very little time, “said German Chancellor Angela Merkel at the end dell’Eurosummit.” The basis of the negotiations “are the declaration of ‘Eurogroup of 20 February “and the” reminder of the three institutions. Today we talked about the details, but the issue of financial sustainability of the debt must be part of the agreement “and” within the Euro must also mention the financing terms “but” there is no question of restructuring. ”
The bags we believe – Although the agreement does not yet exist, this time seem real progress and could pave the way for an agreement this week. The new Greek proposals are seen as a good base to work on, but they will serve another Eurogroup and further consultation among the leaders of the euro zone to make decisions. The markets believe it, closing broadly positive (Milan + 3.47%), and Greek banks get a new injection of liquidity by the ECB, which will finance them through the end of the program, ie 30 June. The final agreement should arrive by that date, or the day after Greece would default to the IMF and its banks would remain dry quickly.
In Athens in thousands to the streets to Tsipras – “There are still many days this week to arrive at a decision,” he reassured Chancellor Merkel since the morning. In the evening Eurosummit extraordinary: it is the first time that the eurozone leaders are openly discussing the case Greece, together with the European Central Bank President Mario Draghi and the Director General of the IMF Christine Lagarde. For the first time Tsipras could make its demands to all its creditors together and listen to their positions. In Athens, meanwhile, thousands gathered in Syntagma Square, in front of Parliament, to express their support for the government of Alexis Tsipras. Perhaps also to exorcise fears and banish a nightmare that has lasted for years.
The new Greek proposal – What expects the new document in Athens? The plan, said Economy Minister Giorgos Stathakis greek, contains new taxes on the rich and on businesses, an increase in VAT on some products – electricity excluded – but no further cuts in pensions and public salaries, as they wanted the institutions. Athens, he explained, came out in favor of the creditors to achieve a primary surplus of 1% of GDP this year, 2% next year and 3% in 2017. And, for now, is aware that there It will be an agreement on debt restructuring, despite the pressures of Syriza. But it expects that the partners put in the agenda for the coming months.
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