Sunday, February 15, 2015

Greece and euro partners resume tough negotiations – The Nation Costa Rica

Greece and euro partners resume tough negotiations – The Nation Costa Rica

Brussels EFE Greece and its euro partners today take tough negotiations in the Eurogroup on the future of financial assistance to that country, after “technical talks” between Athens and its international creditors, who have produced few results.

Ministers of Economy and Finance of the area the euro will address the most delicate and political questions about the future bailout of Greece, at a meeting that is expected to last until late at night.

From Friday, Greece and institutions known as the troika-the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) – have sat for the first time on the negotiating table after the victory of the leftist coalition Syriza to find points According to the more technical issues and, therefore, easier to agree

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The end of the rescue, once it expires in midnight on February 28, is a red line for the government of SYRIZA, which demands a “bridge” to replace him temporarily, until you get close agreement with its creditors an ongoing commitment for the summer.

Athens argues that the bridge financing agreement by increasing the auction of Treasury bills at 8,000 million euros, currently the limit is 15,000 and 1,900 million- million that the government claims the ECB, from the Greek bond yield.

The Greek government also wants to replace part of the reforms that the previous government promised.

The Greek finance minister, Yaris Varufakis, insisted yesterday that Greece does not have a plan B in case of a failure of negotiations and go to them with the” firm stance “they can reach an agreement.

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