Tuesday, August 11, 2015

Tsipras Greek parliament convenes to ratify the bailout agreement with the EU – InfoBAE.com

   
   


 
     

       
       
 
       
 
       
       
 
AFP

The Greek Prime Minister Alexis Tsipras, convened an emergency session of parliament on Thursday night in which the approval of new bailout package agreed to be voted creditors.

Greece expects the deal to be approved before the meeting of finance ministers of the euro scheduled for Friday. However, Tsipras faces growing opposition within his party, the leftist Syriza, and will need the support of the opposition to the adoption of the measures.

Before convening Tsipras, is it was reported that the government accepted the terms of a new bailout deal three years with its international creditors and lacking only agree a few details.

“We are very close. Just enough two or three minor details”

Upon completion of the deal 85,000 million euros (93,000 million dollars) in new loans will prevent the country is in default next week and ensure their stay in the eurozone.

” We are very close. Only two or three minor enough details “said the finance minister Euclid Tsakalotos to leave Tuesday morning from a discussion with negotiators from creditors that lasted all . night

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The European Commission, a key negotiator in the negotiations, confirmed progress. “The institutions and the Greek authorities agreed a deal in principle on a technical basis and discussions are continuing to finalize details,” said Annika Breidhardt, spokeswoman for the commission for economic affairs. He anticipated that the same Tuesday was expected to complete the details.

The spokeswoman said that the deal still needs the approval of the representatives of the highest level and that finance ministers all 28 nations of the European Union maintain a teleconference on Tuesday afternoon.

Germany, the largest single contributor in the two previous bailouts for Greece and one of the strictest negotiators so far , maintained a cautious attitude. “We will discuss the results today,” said Deputy Finance Minister Jens Spahn to n-tv television.

” leftist governments should take actions left “

Investors, meanwhile, welcomed the news.

Greece , lack of funds, need more money for August 20 at the latest, when must face a debt payment of just over 3,000 million euros to the European Central Bank .

A draft agreement referred to by the Greek newspaper Kathimerini said it includes a package of 30 measures that will be put to the vote in the Greek parliament immediately followed by a second package of measures to apply from October.

The agreement many oppose the ruling party leftist Syriza, who consider which is contrary to the promises of the government that took office in January.

The legislator Costas Lapavitsas, Syriza, said he would vote against the new agreement. “Governments must take action left left” , told private Mega television.

Greece has relied on international bailouts totaling 240,000 million euros (263,000 million dollars) since it could not borrow on the bond markets in 2010. To get the loans, successive governments have had to implement a series of spending cuts, tax increases and reforms.

Measures aggravated a deep economic recession and unemployment catapulted to record levels.
     


     

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