SPAIN: The German Finance Minister explodes with Greece: ‘O what … – EntornoInteligente

SPAIN <- - AUGURE_NOTICIA_INICIO!>: German Finance Minister explodes with Greece: ‘O take it or leave it’ / World / The impasse in negotiations to keep the Greek bailout has caused an explosion in the position of the German government. Finance Minister Wolfgang Schauble, is transmitting to its counterparts in recent days that the talks can not delay much longer and you have to start thinking about an alternative. “We must tell the Greek government to take it or leave it”, has said in private to his counterparts, as they say to El Mundo Community sources of all solvency.

The German minister maintained that the Government of Alexis Tsipras to meet the terms of the bailout memorandum signed by the previous Greek government and if not possible and must leave the euro, the European Commission must design a plan B to cushion the consequences for the Greek people and the rest of the Eurozone.

In public it was not so explicit on Monday, but made clear that it is for a quick fix. “If Greece wants to hold a referendum, it is convened,” he said. In other words. The urgent thing is to reach an agreement and if the Government of Tsipras can only accept the reforms of the Eurogroup subjecting a referendum on its population, should convene as soon as possible, giving the option that, if not, the alternative is leaving the euro. Greek Finance Minister Yanis Varufakis replied that no decision on calling a referendum.

Schauble maintains it is best that Greece remains in the club, but not at the expense of failing. Consequently, it is shown willing during the latest talks on the one hand, to be flexible in promoting the liquidity of Greece once and to convene the referendum takes place. On the other, to contribute along with the other partners to finance a program of humanitarian aid in Greece to alleviate the dramatic consequences for the population leaving the euro for major depression in its economy adentraría.

Members of the Eurogroup are discussing the need for a plan B, as admitted last 29th President, Jeroen Djsselbloem own, although details were not disclosed. For now, the official version is that it continues on the plan to try an agreement with the Greek government, but the last Eurogroup meeting on Monday ended with a new disappointment, according to EU sources consulted, even though they wanted to offer the image that had technical advances.

The Economy Minister Luis de Guindos, is also moving in talks with their counterparts who did not go out in the current situation and that negotiations can not be extended without direction. On Tuesday in Brussels he stated publicly that the liquidity situation of Greece is “very complicated” and that there is “a long time”. Tsipras’s government needs unlocking 7,200 million under the second bailout, which expires at the end of June, but the lack of agreement permitting. Varufakis has gone from denying the liquidity problem a month ago to admit that it is “a terribly urgent problem.” According to a source from the European Commission, “the turning point is mid-June, but first they will have to continue paying salaries and pensions.” According to the European Commissioner for Economic Affairs, Pierre Moscovici, the Greek economy has the key elements in a better position than years after the setting, so if political tension disappeared, the recovery could be rapid.

To Guindos, there is room to unlock money if there is no agreement. “This is not a matter of a point is to have a complete list of measures which must be based on the reforms of the second program,” he says. Always admits that you can apply “a certain flexibility”, but whenever there is an agreement in substance which has not been produced.

For its part, the ECB president, Mario Draghi, is also keeping a growing skepticism and transferring Eurogroup members the difficulty of increasing the call hotline for the Greek banking system is financed under the circumstances of no real progress.

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