Tuesday, August 18, 2015

Spanish Congress approves third bailout for Greece – AnsaLatina.com

MADRID, 18 (ANSA) – The Chamber of Deputies today approved the third bailout of Greece, to which Spain provides 10,148,000 euros.
Although not mandatory, the president, Mariano Rajoy, the rescue of Greece submitted to a vote in Congress, where his party (PP) has an absolute majority.
third bailout of Greece was approved with 297 votes in favor, 20 against and 5 abstentions.
PP Next to the main opposition groups except the United Left (IU), they supported him.
During the parliamentary debate, the Minister Economy Luis de Guindos, argued that “the lesser evil is to accept the bailout program.” Guindos used the Greek crisis to warn against the “illusions” and the “siren song” of populism.
“The siren song of populism end up generating illusions and leave unfulfilled expectations, frustration and social unrest,” said the minister .
Guindos made the warning a few months after the general elections scheduled for the end of the year, which concur for the first time at the national level we can, emerged from the “outraged”, he considers brother Syriza party.
“The Greek government policies have had a very negative impact. We can not forget that part of the monetary union requires responsibility and respect for the rules,” added Guindos.
The minister acknowledged regarding the situation of Greece that “we will have difficulties,” because “the road ahead is long and complex” and considered it “essential that the Greek authorities take ownership of the reforms and implement them in a timely manner.” Spain’s contribution to the rescue is 10,148,000 euros.
Spain contributed to the first bailout of Greece a loan of 6,700 million euros and had “an implicit loss of 2,400 million euros,” admitted Guindos. The main opposition groups except the United Left (IU) supported the third rescue. The main opposition party, the Socialist (PSOE), defended even raised the need for reform in the European Union (EU) to restore confidence.
Socialists proposed a minimum wage in all member states EU taxes and a common European treasury and equate retirement age and unemployment insurance.
IU leader, Alberto Garzón, said the fact that there is a “third agreement means and there have been two and two have failed “and considered it harmful because it insists on” the same policies of austerity “than previous bailouts. UR / ACZ

08.18.2015 17:54


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