L. Cook / P. Pylas
Associated Press | Thursday February 12, 2015 | 00:19 hrs
Brussels Negotiations between Greece and its creditors of the euro area from 19 countries were discontinued without agreement, without even a plan of action before the follow-up meeting next week.
At the end of an emergency meeting of the Eurogroup in Brussels, both parties failed even to issue a statement , a sign that is quite far a compromise on the debt of Greece.
The new Greek government led by Syriza, the radical left party, which was elected last month, is seeking changes to the conditions bailout package the country, which is largely attributed the economic problems faced: the economy has plummeted about 25% in recent years and poverty levels have increased tremendously
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The finance ministers of the euro area we meet again on Monday, and the Minister of Finance of Greece, Yanis Varoufakis, expressed the hope that progress then achieved.
“We had a very constructive and comprehensive information on all facets of the Greek crisis discussion and how the euro group can ease the transition to a new phase in the history of Greek social economy so as to overcome the deflationary debt crisis, humanitarian crisis, etc. “Varoufakis said after the meeting.
The minister added that many were presented” different views, interesting “during the discussions that extended hours.
” We are moving to the next meeting, hoping that at the end of that will be a conclusion to the discussions in a way that is optimal for both the perspective of Greece and for our European partners, “he said.
Jeroen Dijsselbloem, who heads the finance ministers of the euro group, seemed less optimistic when he gave his assessment of the talks: “Not even detailed proposals were discussed,” he said. Dijsselbloem added that “the goal was to agree measures, but unfortunately have not been able to do that.”
Without the support of the bailout program, Greece faces bankruptcy and a possible exit from the eurozone, which devastate the Greek economy and cause chaos in global financial markets.
Varoufakis has suggested that European creditors to surrender the country a “bridge loan” for some months, in exchange for which Greece would undertake to implement more reforms, particularly tax increases
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