ATHENS. -the Resounding victory of the “No” in the referendum held in Greece on Sunday gave the government broad popular support and legitimacy in the face of continuing negotiations with the European institutions and the International Monetary Fund (IMF). Now a new question arises: what will happen to the Greek nation
The Greeks voted yesterday on the bailout program proposed by international institutions and the IMF, a plan that includes requirements not accepted by the government? Syriza, led by Alexis Tsipras.
With the victory of the “No” with 61.54% to 84% of the votes counted, the prime minister has the popular backing to strengthen their positions in the negotiating table with the troika of creditors (the European Central Bank, the European Commission and the IMF).
But analysts also consider other scenarios, such as the possible exit of Greece from the euro zone, and an approach to China and Russia.
The Greeks would face several options. According to the television network Telesur, the first is the proposal Tsipras, the Troika pressed to make a reduction of 30% of the debt, in addition, a grace period of 20 years.
Likewise, a measure is managed debt relief, since recently the IMF acknowledged that the economic situation in Greece is totally unsustainable.
Another possible alternative is that the country into “default” to the European Central Bank (ECB) decided to freeze if the emergency funds for Greek banks, as noted RT.
For this to happen, they would have to beat deadlines that Greece has to pay to the ECB 3500 million, the 20th, and 3200 million in August. If Athens fails to pay, without agreement, the ECB does not extend credit to Greek banks, would collapse. This would be the first step to get out of the euro and the drachma readoptara its historical currency.
The financial company JP Morgan amounted Sunday night by 70% the chances of Greece leaving the single currency . Instead, Stavros Karagounis, spokesman for Syriza, thinks differently: “Absolutely no see out of the euro,” the Spanish daily 20minutos.es
The “Grexit” (a union of words. Greece and exit, exit in English), one of the managed alternatives that would mean monetary and financial sovereignty, would mark the beginning of their approach to the financial institutions that several BRICS countries, which could provide financial aid are creating added Telesur.
However, during the week, several European political leaders said that whatever the outcome of the Greek referendum, Tsipras government and international creditors should return to the negotiating table to avoid a ” Grexit “.
In this context, the news agency Itar-Tass quoted a senior European charge on condition of anonymity, who said the vote against the proposals of the international creditors will not mean the” automatic “Greek exit from the euro zone, but the resumption of negotiations.
Earlier, Economy Minister of France, Emmanuel Macron, had stressed that whatever the outcome of the referendum, had to re-sit negotiate and seek “a commitment to Greece based on the reforms in a sustainable debt”.
From Athens, the Greek coordinator of the negotiating team, said Euclid Tasakalotos Hellenes negotiators are ready to meet the night Sunday if necessary with creditors.
Also, Gabriel Sakellaridis government spokesman said Athens wanted to resume dialogue as soon as possible. “Negotiations must be held soon, no more than 48 hours,” the spokesman proposed quoted by Deutsche Welle.
From the Elysee Palace, was unveiled Chancellor Angela Merkel, who had closed the door to new negotiations until the results of the referendum were not known, will travel to Paris on Monday July 6 for an interview and a working dinner with his colleague François Hollande.
The aim is to assess the consequences of the Greek referendum and find “a lasting solution” to the crisis. The leaders have also called for an extraordinary EU summit on Tuesday, pointed media.
Meanwhile, the Eurogroup chairman Jeroen Dijsselbloem said Saturday that “if you leave the ‘No’, the question is not if there will be a basis for another agreement, but if no basis for Greece to remain in the euro “. To which he added that it would also be seen as a message that they want to “get away from Europe.”
Contrary to this view, the “No” Greek was supported by hundreds of people in other European nations such as Cyprus , France, Italy and Spain.
Although the referendum itself led to the resignation of former Prime Minister and leader of New Democracy, Andonis Samaras, who resigned from the presidency of the Conservative Party after the defeat of “Yes” .
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