Greece, agreed to an extension on debt – The Republic

Greece, agreed to an extension on debt – The Republic

Rome – Greece and the Eurogroup would have reached an agreement in principle on a text that would allow extending the aid plan beyond the date of 28 February. The text is being examined by the finance ministers and represents a first draft to be defined in detail. “Greece and Germany have reached an agreement in principle that political will extend” the financial support to the Hellenic country, as indicated by requests from Athens in the letter sent yesterday to the Eurogroup. He confirmed to reporters Panagiotis Agraflotis, spokesman of the Greek delegation in Brussels. “The agreement is now brought to the attention of the ministers of the Eurogroup – the spokesman added – and if all goes well, he will place the conditions for it to proceed with the technical work to make feasible the agreement.” “It ‘plausible – he added – that serve a few days to get to a final text.”

“We shall, Proceed, proceed.” And ‘the message that the French finance minister Pierre Moscovici raised on a social network after affermazioi the spokesman of the Greek delegation.

The agreement reached between Germany and Greece is expected that by Monday the Athens government to send a list with the measures concrete provided for within the parameters agreed with the international community.

The greek prime minister, Alexis Tsipras, they said “sure” that the request for an extension of aid would be accepted, despite the objections German, and invited all to sign a “historic political decision.” “Greece – supports Tsipras – has done everything possible to arrive at a common solution and positive, based on the principle of a double respect: that of European rules and that the election results of the member states.” “This is the time of a historic political decision for the future of Europe.” If negotiations fail, the greek prime minister could convene a EU summit on Sunday.

In the background throughout the day continued the work of diplomacy. The Prime Minister Matteo Renzi has had a telephone conversation with German Chancellor Angela Merkel. Germany has remained firm on their positions, nononstante the progress of Greece. Angela Merkel’s spokesman reiterated: “What in essence is formulated in the letter of Athens is not enough, and on this the German government is united.” To find an agreement Greece and Germany met in the presence of the Director General of the IMF, Christine Lagarde, before the Eurogroup.

The harder was the intervention of the president of the Bundesbank, Jens Weidmann, who was described as “vague” and “quite different depending on the time and the recipient” the Greek letter, also accused by the German newspaper Build to be reached in Brussels in a retouched version by Finance Minister Varoufakis, after what they had agreed Tsipras, President of the European Commission
Jean-Claude Juncker and the head of the Eurogroup, Jeroen Dijsselbloem. According to the German weekly Spiegel , however, the ECB will be preparing the exit of Greece from the euro, a possibility that the IMF does not rule. For the French president, Francois Hollande “Greece must remain in the euro.”

Arguments:

Eurogroup

Italy

Germany

Greece

Starring:

Matteo Renzi

Angela Merkel

Alexis Tsipras