Monday, July 6, 2015

EU gives him one last chance to Greece – lanacion.com (Argentina)

More notes to understand this issue

Covenant Grexit or chaos options Athens

ATHENS The ruling threw the referendum after the dramatic process that Greece lived in the past two weeks it reinforced the power of the Prime Minister Alexis Tsipras, today in Brussels presented a new plan to its creditors (the IMF, the European Commission and the European Central Bank).

Until yesterday, however, no indication that the resounding vote of national affirmation of the Greeks were greatly moved its European partners, still passably divided about the need to give Athens another chance. While Italy and France support the idea of ​​helping Tsipras, Germany and most of the Nordic countries study with real interest the possible exit of Greece from the euro zone.

To dispel that impression, the German Chancellor, Angela Merkel and French President Francois Hollande, met last night in Paris. Both admitted, speaking to the press that “the door remains open”, but urged Greece to “take samples of responsibility.”

“Now it’s up to the government to make serious proposals Alexis Tsipras and credible so that this will continue in the euro zone could lead to a lasting program, “Hollande said in a joint statement with Merkel. It is opening this gesture contrasted, however, with the team’s statements Chancellor and his party from Berlin, as well as responsible for the Eurogroup in Brussels. True to the strategy of intransigence taken from the Greek prime minister called the referendum, all underline the reluctance of many leaders to restart negotiations on a new aid plan this Tuesday.

Through his spokesman, Merkel made it known that “Berlin discarded for the moment” a new rescue plan: “The preconditions do not exist,” said Steffen Seibert. He also clarified that the chancellor is not willing to contemplate a haircut on Greek debt, as requested Tsipras uselessly for months and as advised by the July 2 IMF.

Meanwhile, the ECB kept the overall ceiling on emergency loans 89.000 million euros for Greek banks, but hardened the conditions of access to these credits. In any case, Greek banks would remain closed throughout the week.

Tsipras, in any case, made visible efforts of reconciliation on the eve of his trip to Brussels.

After pronounce a measured victory speech Sunday, the prime minister offered his Eurogroup partners Yanis Varoufakis head, his abrasive finance minister, who announced his resignation yesterday morning on his blog.

Tsipras replaced by Euclid Tsakalotos, a Marxist economist educated at Oxford, considered more pragmatic than his predecessor.

“I do not hide you that I am nervous and anxious. It’s a difficult time for Greece now,” Tsakalotos said during taking office.

“We can not accept agreements that are unsustainable for Greece,” he said.

In a meeting lasting seven hours, the prime minister also obtained from all Greek political leaders of democratic arc (excluding the neo-Nazi Golden Dawn) a joint statement in which they claim that not with which Greece rejected the terms proposed by the “troika” of creditors was by no means “a mandate rupture “with the Eurozone.

Meanwhile, the IMF said its chief, Christine Lagarde, yesterday held a telephone conversation with Tsipras, and offered technical assistance to Athens. “We follow the situation closely and remain ready to help Greece if asked,” Lagarde said in a brief statement.

Protecting with its elegant Athenian Panama’s overwhelming midday sun, completes its Antonis Choudalakis coffee sitting in one of the most exclusive bars in the capital. At 71, the founder of a leading textile industries in the country and owner of a considerable fortune, explains why yesterday voted no in the referendum, as 61.5% of Greeks:

.. “If we voted yes, kill us prefer to commit suicide,” he admitted

Choudalakis, who voted Conservative all his life, warns: “The praise of all the populism of the world should not confuse people. Failure of the Greek people was not the ideological expression of people in favor of a government of the radical left. I hate to Tsipras, but people can not be humiliated. We had no solution, we were right or left. “

The figures seem to prove him right. All districts in the country, even the most affluent, voted overwhelmingly by referendum not on the day before yesterday. And the Greeks seem quite satisfied with the result, but have no idea what will happen in the coming weeks. .

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