Tuesday, June 30, 2015

No agreement with creditors, Greece will not pay their debt today … – Clarín.com

second day of yard, and the maturity of Greek debt payments scheduled for tonight at midnight, Greece could finally reach an agreement today with creditors enabling it to avoid falling into default, according to local media said.

The Greek government wants to order a third aid program or third rescue to its partners in the euro, reported the agency Bloomberg News quoted the office of Greek Prime Minister Alexis Tsipras. A program two years under the European Stability Mechanism (ESM) would be .

The Government of Tsipras had repeatedly requested that the debt of the European Central Bank trasfiriera the ESM to improve the conditions of return and interest, request that the partners have so far rejected. The sources did not state whether the prime minister has received a response to this request or whether still in contact with its European partners, after a morning of intense activity between Athens and other capitals in search of a last-minute agreement before the expiry of the current extension of the rescue at midnight.

However, the Greek Government maintains its recommendation of ‘no’ in the referendum next Sunday on the proposal of institutions (European Commission, European Central Bank and International Monetary Fund) . The Greek Government claim to finish a sustainable agreement within the euro. This is the message of a ‘no’ to a bad agreement in the referendum on Sunday, said sources close to the negotiations.

“From the outset we made it clear that the decision to call a referendum is not the end but the continuation of negotiations with better conditions for the people, “he added.

The truth is that nothing is closed yet . And the situation is rather confused, because midmorning the Greek finance minister said that today will not be paid to the Fund.

Today is the deadline for payment of the loan received by Greece from the International Monetary Fund (IMF), 1,600 million euros, that Athens will not return unless we find a last minute solution.

The negotiations for an agreement between Athens and creditors this week to broke when Tsipras rejected a European proposal and decided to submit it to a referendum among greigos which must vote on Sunday. Europe and warned that no agreement in the consultation will be a No to Europe and the euro.

Asked about this new rapprochement between Athens and its creditors ( Tsipras said even that would be traveling to Brussels sellear a pact tonight ), the German Chancellor, Angela Merkel , said is not aware that a breakthrough has been achieved in the negotiations .

When asked if there was a chance of agreement before the deadline expires, Merkel said in Berlin that the Greek program expires at midnight and did not know that “have strong indications to the contrary “.

” The door is open to negotiate, is all I can say at this time, ” he said.

The European Commission has indicated, meanwhile, that an assessment General debt situation and financing needs of Greece may be part of a last-minute deal.

The main European stock markets opened the session today even at a loss, but contained and with obvious variations, always keeping an eye on Greece

Meanwhile, the rating agency S &. P today lowered the credit rating of Greece and sees possible 50% out of the euro

(Source: agencies)

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