Friday, February 20, 2015

Europe gives one last chance according to Greece – InfoBAE.com

Europe gives one last chance according to Greece – InfoBAE.com

   
   


 
     

       
       
 
       
 
       
       
 
AFP

Without an agreement, Greece danger of being without funds and quickly pushed out of the euro area . Prospect that worries especially the United States, where a senior Treasury official warned against possible “boom uncertainty” before a decisive Eurogroup Friday, from 15h00 (14h00 GMT ).

This meeting of finance ministers from the eurozone, the third in less than ten days, must result in a agreement on the extension of the Greek aid program , which expires February 28. Weather acucia because several national parliaments must endorse it later.

Greece wants to turn the page of austerity. But Germany with the inflexibility that embodies his finance minister, Wolfgang Schäuble conservative requires that Athens continue cleaning up its public finances and structural reforms demanded in exchange for two schemes to support amounting to 240,000 million.

Greece requested an extension of the financial assistance agreement which Germany rejected

Berlin is not alone, has Backed by Finland and the Baltic countries to the north, south Spain and Portugal. But that “locks” is Germany, relied on Thursday a European source. “It is true that there is a people problem” between the austere Wolfgang Schäuble and bright Yanis Varoufakis, and the press review for days tensions between the two men.

Athens gave Thursday an important step towards compromise and was decided to request an “extension” of the agreement for financial assistance to eurozone requesting him to accept this week.

“Horse Trojan “

In a letter to Eurogroup letter pattern, Jeroen Dijsselbloem, the Greek Government also said he was willing to accept the ” supervision “of its creditors (EU, ECB and IMF) and pledged to refrain from “any unilateral action” that undermine their budgetary targets.

In return, claiming some “flexibility” that would rectify the most painful austerity measures as promised Alexis Tsipras, the new prime minister of radical left, during his victorious campaign. The term “flexibility” will certainly be hotly debated by several countries fear that Greece as used for unable to meet its commitments.

Just received the request for extension, the Ministry German Finance curtly rejected it and said that he saw no “substantial solution.” This position was later tempered by the Minister of Economy, Social Democrat Sigmar Gabriel, who spoke of a “basis for negotiations”.

Berlin “is a harder line that expressed at the last meeting of finance ministers of the Eurozone on February 16 “, deplored a Greek government source. Athens after leaked defended by Germany in a preparatory meeting of senior officials of the Eurogroup, which illustrates all the Berlin distrust regarding the new Greek government position.

Germany compared his request for extension to a “Trojan horse” that seeks “bridging finance” several months s “ending the current program” and hence the austerity measures it contains.

In a last attempt to convince Berlin, Alexis Tsipras held a conference call about 50 minutes Thursday night with Chancellor Angela Merkel. t lso called French President François Hollande, announced a Greek government source. Greek Prime Minister hopes to achieve “a mutually beneficial solution for Greece and the Eurozone.”


     

     

Aurélie Mayembo

       
       

Infobae

     

 
   


 
   
   
   
   

   
 
   
 
   
   

   
   
   
   AFP
 
   
   
   
   
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