Eurozone urges Greece to speed up negotiations with its creditors – Andina

 
 
 
         

3:00.

Riga, Latvia, in April. 25.
 The Eurozone expressed concern over the delay of Greece in negotiations with creditors and urged the country to the “speed”, after a meeting in Riga, unsurprisingly, ended without an agreement.
 
 

“We had a very difficult discussion with Greek Finance Minister, Yanis Varoufakis,” admitted the Eurogroup chairman Jeroen Dijsselbloem , at a press conference.

“These very difficult discussions will reflect the great sense of urgency, “said

.

The meeting in participating in Latvia finance ministers of the euro zone was intended at first to sign an agreement in Athens with its creditors on a reform plan that would allow Greece to return to receive financial aid suspended since August.

Stand is the last stretch of 7,200 million euros to complete the loans received by the country since 2010 by a amount of 240,000 million.

Some progress was made, recognized bodies for the euro area, but the differences are still very important on the list of reforms the Greek radical left government undertook to provide for the support of its creditors.

“There are still big, big trouble,” Dijsselbloem said. “We are all aware that time is short. Much time is lost,” he said.

Athens and its creditors meetings multiplied in recent days, technical and political level. Greece must repay the May 12 about 950 million euros to the IMF, then pay salaries to civil servants and pensions ends meet .

In this context, the Greek parliament approved Friday night a controversial decree that requires public bodies and local authorities to transfer funds from the central reserve bank.

The measure aims to cover “the urgent needs of the state, which is amounted to 3,000 million euros over the next 15 days, “the decree states.

The lack of liquidity” is increasingly becoming a problem for Greece, “said Dijsselbloem.

Moreover, the threat of the European Central Bank does not exclude examine the conditions under which provides funding for Greek banks, vital to the country’s refinancing mechanism is added again.

“Our message is very clear, we must accelerate from today, intensify efforts and there is no other choice for a stable and anchored in the eurozone Greece, “insisted Pierre Moscovici, European Commissioner for Economic Affairs.

(FIN) AFP

 

 Posted: 04/25/2015