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This article was published on March 9, 2015 at 19:28.
The last change is the March 9, 2015 at 19:52.

The President of the Eurogroup, Jeroen Dijsselbloem confirmed at the end of the Eurogroup which will resume Wednesday Negotiations between Greece and the former troika (the three creditor institutions or third: EU, ECB, IMF) for “a quick and successful conclusion.” The meetings will take place in Brussels, but “at the same time,” the representatives of the “third” will also be in Athens. However for the time being there will be no payment to Greece, at least not before there is “a general agreement” on the reforms and “it has begun the implementation.” There is willingness to “divide the payments in two installments,” but “there must first be agreement and implementation.”

“The Grexit not near ‘
On the markets, despite the Quantitative easing initiated by the ECB (which Greece and Cyprus are excluded), the climate remains uncertain, with the major global markets thwarted. The Athens Stock Exchange has lost 4.2% and the yield on ten-year government bonds has climbed more than 10 percent. Anyway Dijsselbloem repeated, as before, that the “Grexit”, Greece’s exit from the eurozone, “not close”

Seven reforms Neither can they be enough
The seven economic reforms proposed by Athens were not enough, therefore, as expected because it said on Sunday the president of the Eurogroup, Jeroen Dijsselbloem, to unlock a part of the last tranche of 7.2 billion in the second rescue plan because there are no assessments of the economic impact of the measures, not explained how they will be made operational, do not give indications of the calendar. The voltage is high, the standoff continues.

Dijsselbloem: you lost a long time
“It was lost a long time, we must not lose again,” he reiterated the president of the Eurogroup Jeroen Dijsselbloem reporters before the meeting of finance ministers in Brussels. “Since the last meeting of the Eurogroup – he added – little has been done, the question of time is a central issue now. We will support Greece further if the country will continue on the path of reform, and I think that the discussions about the program and reforms should resume very quickly. “

Schaeuble: realize what was promised to the troika
The greek government “must realize what was promised and must abstain, as agreed with the Eurogroup, from any unilateral initiative not decided together with the troika,” he warned with the usual pragmatism, the German finance minister, Schaeuble. Softer but no less determined the European Commission Vice President, Valdis Domborvskis, reaching the Eurogroup in Brussels: the technical negotiations with Greece, he said, “must be completed by April, but if it was necessary to speed up the European institutions will be ready. Much remains to be done and what matters is the practical implementation of the program. There are still many things to do at the technical level. ”

The Washington slapped
By the way, after an initial phase of encouragement of the government of Athens, also Washington today showed some nervousness on negotiated greek : US Treasury Undersecretary Nathan Sheets said that “further structural reforms are needed to enable the supply side of the economy to compete successfully in Europe and internationally. It is important that Greece will work with our European partners and the international community to support its progress towards recovery and reform. ”

Athens: additional measures to cut tax evasion
The government Tsipras responded to pressure readiness to introduce the reform package to be submitted to its creditors further measures to cut tax evasion. Reports were officials of the executive of Athens before the start of the Eurogroup. The sources explained that the new measures will increase ‘immediately’ government revenue this year (what we do not know). Among the measures are provided incentives for those who ask the tax receipts for the purchase of goods and services. Thanks to the possession of these receipts you can participate in lotteries, on the model of what has been done previously in Portugal. Novelty items, from which, however, as you can guess we have not yet reached a point of breakthrough. (Al.An.)

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