Friday, March 20, 2015

Tsipras: “There is no liquidity problem and deposits are safe” – Ambito.com

     Business
    
    
    Friday March 20, 2015

    
         
    



Greek premier statements

The Prime Minister of Greece, Alexis Tsipras, said his country no has a problem of short-term liquidity and guaranteed that fulfill both its citizens and its creditors, while guaranteed deposits in banks Hellenes “are safe”.

“There is no problem in the short-term liquidity in Greece. We will fulfill our commitments to the Greek people, but also with creditors” Tsipras said in a press conference at the end of the summit European leaders.

“No problem, everything is fine”, reiterated the leader of the leftist Syriza, who said “deposits in Greek banks are safe. “

Tsipras said he agreed with its partners to take ” very soon all decisions to resolve the liquidity constraint “ during the meeting that held last night with leaders of the two major European economies, France and Germany, and the presidents of the European Central Bank (ECB), the European Commission, the Eurogroup and the European Council.

He stated that Greece continues to face their payments, to return in March the International Monetary Fund for a total of 1,589 million euros and payment of the maturity of Greek debt, “so we should not be concerned. “

also indicated that during the meeting with their partners the agreement reached last February 20 at the Eurogroup, which allowed to extend for four months to rescue the country was confirmed in return for Greece to submit by the end of April a detailed list of reforms to implement, with the approval of its partners.

Tsipras said submit this list “ASAP” in collaboration with international institutions, but did not give a specific date, noting that then be sent to the Eurogroup, after which, “step by step, will be disbursed the money, the installments will be disbursed”.

In this regard, mentioned the 1,900 million euros that Athens claims the ECB benefits from operations Hellenes bonds and euro 7,200 million remaining outstanding bailout.

Tsipras not forward the content of reforms, but said measures of “austerity are over” and will be in line with its program.

He stressed also that Community partners recognized that Greece “suffers a humanitarian crisis” and pointed in this regard to the announcement by the European Commission to allocate 2,000 million euros of European funds to the country to strengthen growth and make address the social situation.

In addition, said his government hopes to accumulate a primary surplus of around 1.5% of GDP at the end of this year, instead of the 3% initially demanded by creditors, a point that the Government of SYRIZA rebate.

On the other hand, criticized the “biased interests” and the campaign which, in his view, is being done to “destroy” his finance minister Yanis Varufakis, and “play with financial stability” of the country. “It is unacceptable (…) terrorize the Greek people and I think the Greeks did not pay attention to these messages,” he said.

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