Agreement reached between Greece Eurogroup: another 4 months to aid in … – TGCOM

Agreement reached between Greece Eurogroup: another 4 months to aid in … – TGCOM

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22:25 – After days of tension, Greece and the Eurogroup has found an agreement for an extension of four months of the program aid for the undertaking of Athens to a series of reforms. This was announced by the president of the Eurogroup Jeroen Dijsselbloem.

The highlights of the agreement – The new Greek government and European countries have thus reached a first agreement. An agreement in principle, to be filled with content. But the road is traced. The agreement travels on four points: extension of the aid program for 4 months, successful completion of the evaluation of the measures (required by the Memorandum, ed) before the next disbursement of aid, list by Monday reforms and respect its commitments. In practice Greece has undertaken, once agreed measures, to refrain from unilaterally withdraw or modify them if these have an impact on the budget.

Athens “won” the game on the primary surplus – “Greece is committed to ensuring the primary surplus adequate to ensure debt sustainability,” but on the surplus in 2015 ” institutions will take into account the economic circumstances “is how the text of the agreement, that on this point goes in the sense required by Greece.

Varoufakis: “We refused zero-sum game” – “We have rejected a zero-sum game”, unlike “this agreement is in the interest of the average European.” The Minister of Finance greek Yanis Varoufakis. “Now we’ve got a chance to start working together with our partners and institutions” from which “we have a lot to learn.”

Varoufakis: “Reforms will not be imposed from the outside” – “We have not signed any Memorandum of Understanding is the beginning of a phase without this,” he explained Varoufakis. “We will be co-authors of our list of reforms, no longer follow a script given to us by external agencies, you have to have really short-sighted to think that we signed the old agreement.”

Lagarde: ” Text dense and comprehensive agreement “ – The text of the agreement found tonight on Greece” is very deep, dense and says important things for everyone, so it is fully comprehensive. ” So the IMF director Christine Lagarde after the Eurogroup. “We are very pleased that the work can now really begin.”

Padoan: “We are all winners” – “We are all winners. It ‘a great step forward for Europe. I say this without rhetoric: it is a big step forward for the ‘Europe, I am very satisfied. It’ was a difficult decision but taken together, “said the Minister of Economy, Pier Carlo Padoan at the end of the Eurogroup.

TAG:

Greece

Eurogroup

EU