Tuesday, June 30, 2015

Tsipras calls for new aid. The Eurogroup replica tomorrow – AGI – Agenzia Journalistic Italy



Economy

21:16 June 30, 2015

(AGI) – Rome, June 30 – Tonight at midnight if, as seems inevitable, Athens will not pay ‘to the IMF installment of € 1.6 billion of maturing loans, Greece will enter’ in technical default, that ‘in what many consider to be the prelude of’ Grexit ‘. So today and ‘taken a series of last minute negotiations between Brussels and Athens, culminating with the request of the greek prime minister, Alexis Tsipras of a third tranche of aid, which the Eurogroup has responded by returning to his response tomorrow and stating that ‘and’ too late to extend the program of aid to Greece. “
Earlier Chancellor Angela Merkel had already ‘dictated the line saying that” Berlin will not take’ into account the possibility of a third bailout for Greece as proposed by Athens, before the outcome of the referendum next Sunday. ” The last minute deal was initiated by the President of the EU Commission, Jean Claude Juncker who told Tsipras is ready to convene a Eurogroup emergency to allocate new aid to Greece, provided that the prime minister agrees to campaign for you ‘in the referendum. Juncker and also ‘pledged to reschedule the debt greek if the referendum will win it’. The answer of Athens and ‘long in coming and in the afternoon Tsipras, who also heard the phone Matteso Renzi, has made the request for a two-year aid program ESM, the permanent mechanism European salvastati, and debt restructuring. The President of the Eurogroup Jeroen Dijsselbloem convened by teleconference the European finance ministers to discuss the new proposal of Athens, but it ‘was preceded by the cold shower of Merkel, who has ruled out further developments for today, adding that Berlin will not discuss new aid before the vote greek. Even the IMF has made it clear that in “no way” the Eurogroup potra ‘release funds for Greece that will enable Athens to avoid technical default.
In the evening and’ then came the news of the postponement of the meeting of tomorrow ‘Eurogroup, topped by the precision that “it’ s too late to an extension of the rescue program of Greece”, which expires tonight at midnight. So Greece will not be ‘saved in extremis, the default, or at least postponement of the IMF will be’ inevitable. And the referendum will take place ‘with the fear of a possible impending Grexit. Meanwhile and ‘also he addressed the US president, Barack Obama, who has encouraged both parties to “continue to negotiate to find a solution” and to smooth the risks on financial markets. According to Obama the crisis “will determine not ‘strong shock in the US system,” and “would have to have significant effects on growth rates in Europe.” And, “if Europe is not growing, this could have harmful effects on the global economy.” (AGI).

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