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This article was published on February 5, 2015 at 11:35.
The last change is the February 5, 2015 at 17:58.
“We agreed on the fact that we do not agree.” It ended on a very disappointing and an unbridgeable distance between the respective positions the meeting between Finance Minister greek Yanis Varoufakis and his German counterpart Wolfgang Schaeuble (the opening line is his), after the decision of the ECB remove the exemption that allowed Greek banks to source liquidity providing to guarantee bonds.
Schaeuble: ‘The measures Tsipras do not go in the right direction “
The German Minister Schaeuble began by saying that” Germany respects the outcome of the last voting in Greece, “adding that it is necessary to reach an agreement with Greece” for all of Europe. ” Then he added: “We can certainly help Athens to find more time, but the causes of the problem reside in Greece and should be removed.” The minister explained that Greece must address the problems “with the three institutions with which he faced the program: the ECB, the EU Commission and the IMF,” adding that some of the measures announced by the new Greek Government ‘do not go in the right direction ».
Varoufakis: “There has been talk of a haircut”
“Greece is a country in the euro,” replied Varoufakis, reiterating that Athens’ needs the support of political, technical and moral development of its European partners. ” The minister also stated that in the meeting with his German counterpart, “there was no talk of a cut or a lengthening of the debt.”
“Time, not ultimatums”
This morning, the Greek finance minister had said: “The only thing we ask is not to be put under pressure with an ultimatum. Give us time until the end of May or early summer in order to put on the table our proposed solution. ”
“Greece – continued – needs of Germany, which has found itself in the past in the same situation, that is humiliated by other countries and in a heavy depression, one that the last century has led to ‘ rise of Nazism. The third party of the greek parliament is the Nazi party, “recalled Varoufakis, referring to Golden Dawn.
” I think that of all the European countries Germany can understand this simple story: When discourages too long a proud nation, and exposes you to negotiations and concerns of a deflationary debt crisis, with no light at the end of the tunnel, this nation sooner or later ferments. ”
“First card domino to fall in Europe”
Varoufakis admits errors by Greece for the lack of progress in reforms, but stresses that it is for this reason that the eurozone is in deflation. It is a “systemic crisis” that must be resolved as such, “thinking like Europeans” and starting to use “political means.” The minister then compared the Greece ‘canaries in the mines, “whose death signaled the presence of poisonous gas firedamp. Canaries that were “the weakest part of dying at first but it was not responsible for the poison gas.” In practice, he added, Greece is the first domino to fall but is not responsible of the domino effect.
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