Monday, February 16, 2015

Commissioner for Economic Affairs states that can reach … – The Nation Costa Rica

Commissioner for Economic Affairs states that can reach … – The Nation Costa Rica

” Working with one scenario, a single will. we achieve a good agreement to open a new phase between Greece and the European Union Any other scenario is speculative, “said Pierre Moscovici

Brussels

The European Commissioner for Economic Affairs, Pierre Moscovici, estimated that Greece and its Eurozone partners “can achieve” an agreement on the next stages of the country’s financing program Monday in a “decisive meeting” of finance ministers.

There will be “a discussion I know it will be tough and I face the certainty can be achieved, “said Moscovici to reach ministers meeting in Brussels.

” You have to do it, we can do it. When we have the capacity and the will, we will do, “he said, although he excluded him go to work on a new aid program for Greece, replacing the current Athens rejected.

Athens The current program ends in late February. Greece must find short-term financing after that date. The partners of Athens ask you to extend the current program, with which you can get funding but is subject to drastic reforms, which rejects .

Instead, Athens prompted to replace the current program for a plan driven by the current Greek government reforms, not imposed by their satisfy creditors, it would stop the unpopular side. Calls also an “agreement bridge” to obtain financing until September, when they begin to govern their new plan.

“There is a program of aid to Greece. It is in this framework that we work (…). The program exists, “Moscovici said.” Working with a single scenario, one will: we achieve a good agreement to open a new phase between Greece and the European Union. Any other scenario is speculative, “he said.

Without an agreement, Greece, which can only issue debt maturing at very short notice and with very high rates, it will remain unfunded what I could push it into bankruptcy and leave the euro.

In the best case, said two European sources, the meeting on Monday will end only with agreement in principle. Otherwise there will be a new meeting quickly, said one source.

LikeTweet

No comments:

Post a Comment