HIGH VOLTAGE
Milan , February 16, 2015 – 19:00
Black smoke at the Eurogroup meeting on Greece. Athens has in fact rejected the proposed agreement presented by the EU. The meeting of finance ministers then responded with an ultimatum: Greece has until Thursday to decide whether to seek the extension of the bailout program, so you can have an extraordinary Eurogroup Friday that it can consider its request, said the President Jeroen Dijsselbloem . And Commissioner Pierre Moscovici He added: “The extension is the only way.” “We have to be logical, not ideological,” he said, noting that “the phraseology we discussed a lot in the Eurogroup, that’s not the point but good will and find a common ground, where the first is the demand of the extension of the program and the second flexibility. “
The proposal and the rejection
Shortly before he was announced the final outcome, a government official greek, according as reported by Bloomberg , had branded the proposals as the Eurogroup “absurd and unacceptable.” To be precise, in the draft document that Greece has refused to sign, read: “The Greek authorities have indicated that they intend to successfully conclude the program, taking into account the plans of the new government.” And again that the EU “will use the maximum flexibility in the current program.”
Padoan excludes the exit from the euro
On another Greek, intervenes in the evening also the Italian Minister of Economy Pier Carlo Padoan , which excludes a possible exit from the euro in Athens: “It seems totally out of the question.” If Greece does not ask the extension of the program also comes in even more detail Padoan, “there would be a problem of short-term loans that are exhausted and depleted the prospects in the longer term.” The Italian minister hopes then “hope that we can find a common solution within the European mechanism that has flexibility and can accommodate all requests for priority that the Greeks have said today.”
Lagarde: without the completion of the plan, no fonfo IMF
Al term Eurogroup also intervenes Christine Lagarde “The disbursement of funds can only happen with the successful completion of the review of the application of the program by the three institutions,” the former Troika for Greece, and “If this will not be the case, even the outlay on our part can not happen,” says the director of the IMF.
The German Government: Greece says it wants to do
Shortly before the meeting, the German Government had urged ‘Greece to put on the table its concrete and detailed proposals.” At the base of the talks should be no commitments, said the spokesman of Chancellor Angela Merkel, Steffen Seibert, urging Athens to carry forward the reform plan. And the German finance minister Wolfgang Schaeuble , entering the Eurogroup, said, “What I have heard so far does not make me be more optimistic, if Greece does not want a program does not need to think of alternatives. ” Weak, in the meantime, the European stock markets, which closed before they even knew the outcome of the Eurogroup.
February 16, 2015 | 19:00
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