Wednesday, July 1, 2015

Europe rejects bailout extension calling Greece – LaRepública.pe


  Agencies

 

 In the chronicle of an announced bankruptcy, Greece shocked Europe yesterday with an unexpected move. Prime Minister Alexis Tsipras asked a third rescue, an extension of the current program while you come to an agreement, and debt relief. The Eurogroup not accept this political stake.

 

 Euro partners can no longer see an extension and want to await the outcome of the referendum on Sunday to start discussing the third rescue. Athens promised to send a new proposal, which will re-examine the Eurogroup. Greece gets and stop the clock for a few hours, but is facing an explosive situation.

 

 Greece has asked the International Monetary Fund more time to comply with the payment of 1,600 million euros which expired yesterday, said Deputy Prime Minister Yannis Dragasakis.

 

 The official said that Athens also asked the European Central Bank to consider an increase in emergency liquidity support for Greek banks.

 



 In Latin America

 The manager of Economic Studies of BBVA, Hugo Perea said that scenario should concern in economic and financial support to member countries of the Eurozone.

 

 He added that Latin American currencies such as the “nuevo sol” operate looser or down to the overall rise in the dollar due to a depreciation of the euro.

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