Constanza Morales H.
The Greek Prime Minister Alexis Tsipras yesterday sent mixed signals about how you want to resolve the delicate situation in his country. The authority called on citizens to vote “no” in the referendum on Sunday, although a few hours earlier had assured international creditors that was willing to accept the latest proposal for reform if certain conditions were modified.
In a televised and broadcast around the country speaking, the leader of Syriza urged its citizens not to back option, which translates to reject the aid plan in exchange for new reforms.
Tsipras added that failure does not mean a break with Europe, but strong pressure for an economically feasible deal.
“I call you to say no to the recipes of rescue and to say yes to a possibility of a viable solution, “appropriated Reuters.
Through its Twitter account, the premier said that” on Monday, the Greek government will be at the negotiating table after the referendum with better terms for the people Greek “.
The message left government seems to be coming to voters as a poll conducted between 28 and June 30 and published yesterday in the newspaper Efimerida ton Syntakton revealed that most oppose further austerity measures. 54% of those planning to meet on Sunday to vote for the no, versus 33% who would be in favor of the program.
However, the breakdown of results among polled before and after the decision Sunday closing banks and impose capital controls showed a reduction of the gap.
Among those consulted before the announcement, 57% said they would vote no against 30% who support the other. Among those who were surveyed after 46% supported the no and 37% would vote yes.
letter to his creditors
The defiant message first Minister contrasted sharply with the conciliatory tone he said in a letter sent Tuesday night to the International Monetary Fund, the European Central Bank and the European Commission.
In the letter, Tsipras was willing to accept the Most of the terms of the plan offered during the weekend, with the exception of the demands on pensions and taxes in the Greek islands, in exchange for a loan of 29 billion euros to cover all its obligations in the next two years.
Several officials involved in the talks warned that the Hellenic Financial Times claims “were not a handful of minor changes” that would have a “significant financial impact” and that might not be acceptable for institutions .
In addition, the creditor institutions still see the referendum as a potential barrier to a deal, according to a European Union official quoted by Bloomberg. Other officials have stated that Tsipras need to call the other or cancel the referendum to regain the confidence of its continental partners.
Holger Schmieding, an analyst at Berenberg Bank, believes a deal is still possible, but He warned that it “would require more than just the letter” by Tsipras.
referendum post Agreement
Several European officials said yesterday that any new negotiations between Athens and Brussels would not take place until after the referendum on Sunday.
After discussing the request for a new loan in a conference call held yesterday, the Eurogroup decided to postpone any conversation about it until the result is taken of the popular consultation.
German Chancellor Angela Merkel, said in a session of the Bundestag that “there can be no negotiations on a new loan program before the referendum” and that “a good European is not a person accepting a compromise at any cost “.
In any case, the conservative leader said that” the door for discussions with the Greek government was always open and kept open. We owe it to the people and we owe it to Europe. “
Wolfgang Schäuble, minister German Finance ruled out a rapprochement between the positions by declaring that the initiative was” no basis “to have serious negotiations .
Meanwhile, Valdis Dombrovskis, Vice-President of the European Commission in charge of the subjects of the eurozone, warned that, despite the concessions could be included in a new program, the economy of Greece has deteriorated significantly in the last week, which means that the goals of the bailout could be modified.
“Previously, we were discussing an extension of five, six or nine months of the previous program. We are now discussing a request from a two-year program in a different economic situation, “he quoted FT.
” Certainly this is a more complicated situation to solve than if we had agreed on the previous program ” he added.
In a sample of the different positions that exist within the block, François Hollande, President of France, called to reach a solution before Sunday.
A commitment ” it must be found before the referendum, it would make sense then, “he said. “It can not be postponed. We’ve been talking about this agreement for long. Need materialize, “said
ECB has limited funds for banks
Bank chose not to raise discounts on collateral.
The European Central Bank decided to leave unchanged the hotline loan with the Greek banking sector remains afloat. The governor of the institution council, composed of the heads of the central banks of the euro area and the ECB board led by Mario Draghi, chose to keep the boundary call emergency liquidity assistance (ELA, its acronym in English) at about 89 billion euros. This restriction was that caused the imposition of capital controls in the nation. The members did not take a decision on whether to impose tougher discounts on government bonds and bank debt backed by the government that the main lenders being used as collateral.
Before the decision became known, some analysts They speculated that the central bank may implement further discounts after the country did not finish her second bailout program and not pay the loan for 1,500 million euros to the IMF. According to British newspaper The Guardian, the determination of the ECB has left the Greek firms in limbo, since they can not operate again until the limit is high, which did not happen before Sunday. Raoul Ruparel, co-director of the study center Open Europe, said on Twitter that “keeping the edge of the ELA makes minimal practical difference now. The only Greek banks may reopen completely once it has been uploaded (the limit) to counter flows Out of deposits. ” In an interview with TV channel ERT, the Greek Finance Minister, Yanis Varoufakis said the ECB did not increase haircuts on collateral of ALS by the opposition and Yannis Stournaras Draghi, Governor of the Bank of Greece. Varoufakis said that capital controls will be removed “immediately” just has an agreement with creditors and, when asked if ATMs have cash on Monday, answered with a categorical “absolutely”.
crowdfunding campaign GREECE TO PAY DEBT AMOUNT 1 million
A campaign of collective financing through the Internet to raise 1,600 million euros that Greece owes the IMF has gathered almost 1 million euros. In the past three days, more than 53,000 people have contributed so far a total of 911 815 euros to the campaign, which began the English Thom Feeney, a worker at a shoe store in central London, on the website Indiegogo. The initiative will remain open for a week, and website only withdraw money from the accounts of the donor if the figure of 1,600 million euros is reached. Feeney offers various rewards to collaborate with its proposal: to commit three euros, we will send them a postcard with the image of the Greek prime minister, Alexis Tsipras, while those who invest six euros will receive a Greek salad with feta cheese. For 25 euros, an amount that 2,747 people have already offered the young sent a bottle of Greek wine, and 5,000 euros organize a week’s holiday in Athens for two people, one option that five donors have already bet.
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