Thursday, February 12, 2015

Europe and Athens can not agree – The Economist

Europe and Athens can not agree – The Economist

A number of issues among which is the current program explores

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The finance ministers of the euro zone reached an agreement with Greece on a final declaration or framework for negotiations at the next meeting to be held on Monday, after hours of discussions in Brussels about the international bailout of Athens.

“We explored a number of issues , one of which is the current program, “said Jeroen Dijsselbloem, who chaired the meeting, at a press conference in the Belgian capital.

” We discussed the possibility of an extension (rescue). For some it is clearly the preferred option, but do not reach any conclusion. You need a little more time, “he said.

Meanwhile, Yanis Varoufakis, Greek Finance Minister said he held positive discussions with finance ministers around the debt crisis and hopes that completed negotiations Monday with a new contract.

He said he told his counterparts from the euro zone bailout why Athens is not working and never requested an extension of the current program.

Russia and China support

On Tuesday, Panos Kammenos, Greek Defence Minister, revealed that of not reaching an agreement with the European Union, contemplated a “plan B”, consisting of seek help from other countries, and their response came.

On one side is Russia, “examine” any application for funding from the Greek government, which also suffers from “illegitimate line Western, “said Sergei Lavrov, Russian Foreign Minister, who received Nikos Kotzias, Greek counterpart.

” We’ve talked about the financial situation in Greece, which is also in a difficult situation due to the line unilateral, illegitimate, of our Western colleagues, “said Lavrov at a press conference with Kotzias.

On the other hand, Li Keqiang, Chinese Premier called his Greek counterpart Alexis Tsipras to congratulate him on the victory in the legislative elections of January 25 and invited him to travel to China, announced the services of the Greek prime minister.

Greek Banks, solvents

Greek banks are not at risk of insolvency at this time, said Bostjan Jazbec, member of the Governing Council of the European Central Bank (ECB), in an interview published by the German newspaper Handelsblatt.

“The decisions on emergency liquidity are reviewed every two weeks. . For now, the solvency of Greek banks is not in danger, “said Jazbec

When asked if a situation in which the ECB would stop the emergency liquidity program could occur, Jazbec answered “There’s always that risk. It is therefore important watch closely. “

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