Saturday, July 11, 2015

Tsipras is seeking support in Parliament – SIGLO21.com.gt

Tsipras seeks support in Parliament

Tsipras spoke with legislators about the request seeks time financing and stay in the euro area

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The Greek prime minister, Alexis Tsipras, said the government made many concessions in the draft sent to creditors from its initial program, in exchange for keeping the country in the euro zone and achieve financing, investment and debt restructuring.

“I will not hide the truth. The agreement to be discussed at the Eurogroup is far from our program, “the prime minister said in a speech to the pre-session would discuss whether to give the green light to continue negotiating Executive Hellenic Parliament.

Tsipras said that the option was to choose between “what we have and what we had 15 days ago,” referring to the proposal that the institutions submitted to the Government on June 25, a plan he called “ultimatum” and that led to the call the referendum.

internal support
The prime minister said he asked the “no” in the referendum of Sunday not to break with the partners but to strengthen Executive position in the talks.

“We must admit, moreover, that what we ask is difficult. Better than the ultimatum, but difficult, “he remarked, adding that the country now has” for the first time the possibility of doing away with the discussion Grexit (Greece leaving the euro) “.

He explained that with the approach the central government obtained a “fully European”, because it implies that the International Monetary Fund (IMF) will not participate, but will provide “technical assistance”, which said that “completes the troika as we met” .

Tsipras stressed that the Greek plan presented a period of three years, which “gives time to restore the economy.”


financial Respite Strategy

The head of the Greek Government explained that the primary surplus “will be lower and depend on the capabilities of the economy” and that the loan requested from the European Stability Mechanism (ESM) “refund Bank bonds European Central maturing in July and in August. “
He said this is a change in short-term debt and long-term debt corresponds to a first restructuring of commitment.
He stressed that the Executive negotiates “Greece and for Europe to change course.”

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