The head of the Eurogroup rejects Greece: ‘Plan reforms … – Il Sole 24 Ore

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This article was published on March 8, 2015 at 16:48.
The last change is the March 8, 2015 at 17:40.

The list of reforms that Greece has made to the EU in view of tomorrow’s Eurogroup “far from complete” and to be implemented will require “long term”. So – as reported by Bloomberg – the president of the Eurogroup Jeroen Dijsselbloem talking in Amsterdam. “No tranche of aid will be paid in March,” he stressed.

It is a blow to the government Tsipras. Which could trigger a reaction of the more radical, oriented to call again the Greeks to the polls. A hypothesis of a referendum in Greece fact is concrete and is not only in the imagination of government ally of SYRIZA, the defense minister Kammenos. This was confirmed by Yanis Varoufakis, Minister of Finance, who pointed out then that kind of consultation it would not stay on the euro, which is not in question. It would be rather a “referendum on the measures’ to be taken out of the crisis if the eurozone partners and the creditor institutions (ECB, EU, IMF) went beyond the limit set by Athens, raising the bar of requests. At least, this is what they have stated government sources in Athens regarding statements made by Varoufakis Corriere della Sera.

“Proposals by amateurs’
As is clear dall’affondo of Dijsselbloem, for the moment the government greek, that in the program that has swept the elections of January 25 put the point number one the end of austerity, did not convince the other 18 eurozone countries. Even two former officials of the troika have branded as amateurish some of the proposed measures of the government of Athens, including the use of tourists and young people as anonymous inspectors to counter tax evasion.

Without agreement no transfers
According to Brussels the technical solutions proposed in the letter sent by Varoufakis would not be enough to comply with the terms of the end of February or so , to unlock the last tranche of aid from 7.2 billion in the second bailout. Conflicting goals, since Athens priorities have to restart the economy and loosen the grip on the most vulnerable population (Tsipras spoke often of humanitarian crisis). Finally, do not lose sight of what in Brussels and especially in Berlin remains an essential goal: the solvency of the accumulated debt in five years and two bailout by more than 240 billion euro of a mountain to climb in the coming decades (see infographic on the debt of Greece).

The European Central Bank itself has repeatedly stated that it will resume normal lending to banks in Athens only when the government has proven to meet commitments in the program agreed with international creditors.

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