Tuesday, July 7, 2015

Without reforms, Greek exit from eurozone “can not exclude” – The Nación.com.py

The Vice-President of the European Commission in charge of the euro area, Valdis Dombrovskis, estimated Tuesday that without a “credible reform package” an exit of Greece from the euro zone “can not be excluded”.

“Clearly Greece faces immense and immediate challenges. We now need a clear and credible strategy on how Greece will come out of this crisis (…) but if trust is not built without a package of credible reforms can not be excluded “an exit from the euro, he said on arrival at a meeting of the Eurogroup Brussels ahead of a special summit of the euro area.

The European Commissioner for Economic Affairs, Pierre Moscovici, remained the same waiting to get to the meeting and considered attitude corresponding to Greece to make proposals for reforms and adjustments “concrete, comprehensive and credible” after the resounding rejection of the Greeks in Sunday’s referendum to requests for adjustment of creditors of Greece.

“A lot will depend on the Greek government”, estimated for its part, Italian Minister Pier Carlo Padoan.

The German minister, Wolfgang Schauble, spoke in the same sense considering that “everything depends on a decision of the Greek government,” but noted that “without a program there is no possibility of help Greece within the euro zone. “

” The old proposals were rejected. It will be difficult, “the president of the Eurogroup and Dutch Finance Minister, Jeroen Dijsselbloem he said then.

” We are prepared to do whatever is necessary to strengthen the euro area and stick together, “he said.

The Slovak Minister Peter Kazimir,

“So we must decide in the coming hours and weeks in one way or another,” he said.

The Spanish minister, Luis de Guindos, said that they were “in the final seconds” and he repeated that his country is “willing” to negotiate a third bailout program, that if Greece “follows the rules.”

The newly appointed Greek finance minister, Euclid Tsakalotos, did not comment . to get to the meeting

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