Tuesday, May 5, 2015

Greece, charges to EU and IMF: “They put vetoes on everything, impossible … – Brindisi Seventh

The greek government issued a tough statement accusing the European Union and International Monetary Fund to be responsible for the inability to reach a compromise, because of their “contradictions and differences.” Athens has jumped at the ball given by the Financial Times, he described what has every appearance of a split [...]

Athens has jumped at the ball provided by the Financial Times, he described what has every appearance of a split in the Brussels Group, the former “troika” of the EU Commission, ECB and IMF. According to the financial daily, the recent European financial summit in Riga, the IMF would demand a new debt restructuring greek, without which it would not be available to finance its share of aid (would cover nearly half of the last tranche not yet It paid 7.2 billion euro). This is because, he explained the director of the European department of the IMF’s Poul Thomsen, the current reality of the Greek government accounts is far worse than what was budgeted in the compensation plane. This drastic deterioration has been confirmed in the spring forecast freshly baked by the European Commission. The expected growth over 2015 was reduced by more than 2.5 percent to a sad plus 0.5 percent, while debt is expected soar breaking the threshold of 180 percent of GDP.

The head Economic Affairs Pierre Moscovici rejected drastically the possibility of leaving the euro. Do you take into account “in any case”, he said.

But he also warned that political uncertainty and the renewed tensions are undermining the prospects for recovery Hellenic.

Greece, for its part, He pointed the finger at the picture of vetoes which in fact has been created. “The IMF puts stakes on reforms of labor and pensions, while it is no longer available on the issue in the primary – said the government greek -. Instead the commission is intransigent on the primary surplus of the budget and no longer available on difficult reforms to be pursued. ” The end result is that there are “vetoes on everything.” And that, says even Greece, makes it impossible to reach a compromise, and the only ones responsible are the creditors.

The agreement on Greece does not seem to approach, although there are those who maintain the optimism, as the French Michel Sapin that after meeting Varoufakis said that the EU still has “the ability to reach a good compromise.” Meanwhile, according to Bloomberg tonight Deputy greek Yannis Dragasakis is on his way to Frankfurt to meet ECB President Mario Draghi. And tomorrow the Governing Council of the ECB may revise the ceiling on emergency funding that leaves open in favor of the Greek banks. In fact the last channel available to Athens to raise liquidity. tiscali

Source: imolaoggi

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