Eurozone calls for “more efforts” to Greece, which pays the IMF – Milenio.com

The Greek government has approved the reimbursement of a new tranche of 750 million euros to the International Monetary Fund (IMF), while the finance ministers of the eurozone follow him “more efforts” to move towards agreement on financing.

But despite the payment to the IMF, Finance Minister, Yanis Varoufakis, warned that Greece has liquidity problems, “we are talking about two weeks” before “the liquidity constraints “become a problem. The Greek government had said on several occasions that Athens would fulfill its obligations “abroad and within the country”.

“Liquidity is an urgent issue,” Varoufakis said at a news conference after a meeting of ministers of the euro area greeted in a final statement, the “progress” made by Greece but noted that “it takes more time and effort” to reach an agreement.

“At this crucial juncture, the time is not in favor or Greece or the euro zone,” said a government source from Athens. “The Greek government believes that the acceleration of the process is essential to find common ground between the Greek government and institutions,” said this source.

The European Commissioner for Economic Affairs, Pierre Moscovici, estimated at conference press should find an agreement “before the end of June”, the date of the next meeting of the Eurogroup. The next significant payment of Greece will be on June 5, the date of expiration of an IMF loan for 302.5 million euros.

A commitment

Athens negotiates with the creditor institutions, the European Commission, the European Central Bank and the International Monetary Fund, a series of reforms to secure the agreement of the Eurogroup to turn the last tranche of 7,200 million euros of financial aid, blocked since the end of 2014.

After months of disagreement with the government of radical leftist Alexis Tsipras, the parties reported some progress in recent days, but not enough to achieve an agreement on Monday.

“We welcome the intention of the Greek authorities to accelerate work with institutions,” said Eurogroup chairman Jeroen Dijsselbloem, which recognized the “urgency” which is Athens but reiterated that the condition for the disbursement of money is that the Greek government to implement the reforms agreed upon.

The eurozone calls to Athens a series of reforms that the government of radical leftist Alexis Tsipras, who came to power denouncing the “catastrophic” austerity policies, refuses to grant if they contradict his promises. In particular, Athens refuses to cut wages and pensions further.

The Greek government however recent days showed willing to “compromise”. Varoufakis said it could be a first agreement with creditors on “privatization, limit the number of early retirements, new rules on VAT and the creation of an independent authority to raise taxes.”

Meanwhile, at a press conference, Moscovici said the “progress” that there was “underestimated”, among which cited the VAT reform, “the creation of an independent agency to collect taxes.” But “there are important differences,” he added, citing in particular the pension reform.

“There are a number of reforms that are inevitable, and important, which are those that need Greece “, there were estimated to come to the meeting Spanish Economy Minister Luis de Guindos. In late June ends the second bailout agreed with Greece in 2012, and was extended by four months.

Athens, which receives money from creditors since August, you can not stay afloat without a new form of support and risk at all times to have a “financial crash”.