The Greece will not be able to pay the loan installments of the IMF because it does not have the money to do so: it was said today Interior Minister Nikos Voutsis. “The four installments to the IMF in June amounted to 1.6 billion euro. This money will not be paid, because there is,” he said.
The Greek exit from the currency only “would be the beginning of the end for the euro project,” says Finance Minister greek, Yannis Varoufakis in a BBC interview as reported by Bloomberg. “If you are in a monetary union – he adds – get out of it is catastrophic.”
Varoufakis believes that “once you put in the minds of investors that the euro is not indivisible is only a matter of time before it all starts to unravel.” The finance minister added that “Greece has made enormous strides to reach an agreement. It is now up to the institutions to do their part. We – explains speaking of ongoing negotiations – we have ‘met’ three-quarters of the way. Now they have to come Their meeting in the last quarter of the way. “
Schaeuble, Varoufakis work harder than my – ” I would not want to exchange with my job with that of my Greek colleagues, work he has to do Varoufakis is heavier than mine, “said the German Finance Minister Wolfgang Schaeuble, stressing that Greece must now fulfill their commitments, solve” problems at home “:” It is committed on February 20 to implement the ‘current program, so we need to talk about alternatives “; although “still she has a lot ‘of effort to be done to fulfill what we have committed to do.” This was said in an interview with Deutschlandfunk radio talking about the G7 finance ministers who will also address the node Greece, May 27 to 29 in Dresden. Send new warnings to Greece? “It’s not necessary. I do not know if the Greeks will listen this interview, but they know what is at stake. That is why they do not need further notice.” The problems have their roots in Greece. Greece has received more aid than any other country. Even the need to tell the people greek authorities of Greece. Now Greece must stop the tool even what he has undertaken. As the aid is always to some extent also to help themselves. Eventually the Greeks came to a road where they generate their efforts on what they want to afford. In Europe, “France has also significantly reduced its debt. E ‘on the right track”, as “Italy”: “The average debt of the euro area has been halved in recent years. So in Europe we are already on right track “.
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