Greece failed negotiations with the EU, now ball to Eurogroup – ANSA.it

ROME – It ‘rupture between Greece and international creditors to the technical committee in Brussels. “Although some progress has been made, the negotiations did not succeed, since it is a significant distance between the planes of the Greek authorities and requests the Commission, ECB and IMF,” they explained the executive EU, stressing that the distance is significant ” in the order of 0.5-1% of GDP, or the equivalent of two billion euro of permanent fiscal measures on an annual basis. ” And “also the Greek proposal remains incomplete.” And so is the failed attempt of the EU Commission President, Jean Claude Juncker, to reach an agreement with Greece before the reopening of the market.

The ball is now Eurogroup next Thursday but the same Juncker remains convinced that “with more efforts on reforms by Greece and political will on the part of all, a solution can still be found before the end of the month.” Athens meanwhile said once again that “will not accept further cuts to pensions” while Finance Minister, Yanis Varoufakis, explained that “a primary surplus of 1% of GDP, reached in March, is no longer possible “for the critical liquidity conditions in the country, reiterating once again that” you need a debt restructuring “greek so that Athens” can return to the markets “for funding.

The behavior of Athens It is causing a growing irritation in Germany. This time you beat your fists on the table is the German economy minister and vice-chancellor, Sigmar Gabriel, from increasingly dove against hawk Tispras. “The shadow of a Greek exit from the Euro is becoming more visible,” but Berlin “will not be blackmailed” to find an agreement on the bailout, “you will push to accept anything,” says the vice Merkel, warning the Greek Government that “the patience of Europe is running out” and that Tsipras has to carry on the same reforms that the previous government of Samaras had pledged to do, if he wants to reach an agreement. Gabriel then launches a jab just Varoufakis.

“The Greek experts in game theory are gambling, endangering the future of their country and of Europe” and then promised that “workers and German families will not pay for the extravagant election promises made by a communist government means “. The agreement between Athens and creditors is required to unlock the last tranche of 7.2 billion subsidies, which are key to ensuring the future of the country Hellenic eurozone. On 30 June the Greece will have to repay EUR 1.6 billion to the IMF and 20 July repay the ECB full 3.5 billion euro of securities, held by Frankfurt, deadline.