Monday, June 29, 2015

Greece, Merkel: “If the euro fails, Europe fails.” Tsipras … – The Republic

MILAN – After the chaos, appeals because the Greek crisis will be resolved without breaking the Eurozone. From Berlin and Brussels arrive clear voices in the direction of the European currency unit, even if there are accusations against the government of Athens, responsible – according to creditors – the current desperate situation. “If the euro fails, Europe fails”, raises today the German Chancellor Angela Merkel, calling for “a compromise” between the Greek Government and international partners. “The perspective is that of an eurozone to 19 members,” echoed the EU Commission President, Jean Claude Juncker, thus rejecting the idea of ​​a return to the drachma to the Greek economy. MEPs also become active and the conference of leaders EU approves an overwhelming majority the request made by Gianni Pittella to Jean Claude Juncker, to hold in the coming hours a Eurosummit extraordinary. Proposal “not convincing”, to Angela Merkel. Alexis also Tsipras moves to request an extension of the aid program until the referendum of July 5, after which resume negotiations based on the will of the people greek. And the prime minister intervened in the evening in a television interview in which he again asked to vote “no”, defended his action in the deal and accused the EU of wanting to Greece but not his government. “However – he said – not a man for all seasons”.


“I am very saddened by the spectacle that gave Europe last Saturday”, when he jumped on the table of negotiations between Greece and creditors and the Greek prime minister, Alexis Tsipras, has called the referendum on the package prepared by creditors “selfishness and tactical games and populists prevailed”. And ‘one of the steps in the press conference that the same Juncker held dell’avvitamento to tell his side of the crisis, in response to the speech that Tsipras has kept its citizens, announcing the vote. “I want the Eurozone remains at 19 members,” Juncker added, “and it’s clear that the Eurozone there are a democracy against 18 or 18 against one.” But Juncker has spared the criticism directed at the government greek, guilty of “having broken unilaterally negotiations, breaking them with a request for a referendum so that the people and spendendosi greek say no” to the proposed agreement.

The President of the Commission wished to defend his work and the President of the Eurogroup Jeroen Dijsselbloem , saying that the criticism they are undeserved. “The Eurozone is not a poker game, you lose or win all of them.” Juncker has listed the concessions – of method (such as the abandonment of the Troika in favor of the Brussels group) and about (the absence of cuts in wages and pensions in the package of creditors) – made to Alexis Tsipras, but has not educated. “We worked in a package more socially fair and I expected that the greek government was working in this direction,” he reproached still Syriza, then remembering that “they themselves may have other measures, provided that the accounts come back.” Speaking directly to the people greek, he reiterated that “our plan was not stupid austerity”. The Greeks “must know that the door is still open, they must know the truth,” said urging “Greek leaders to take responsibility, as did the Irish or Portuguese.” By creditors, “there will be other proposals, we have already made,” he added, revealing that even – in the case of understanding – the partners were ready “to discuss measures on debt and new aid since the autumn.” Finally, the call to vote “yes” in the referendum on July 5: “A ‘no’ in the referendum, it would be a ‘No to Europe’.” Concept reiterated via Twitter by the President of the Council, Matteo Renzi , which is considering a “derby between euro and drachma” to the polls, and not between “Juncker and Tsipras”.


In Germany, Merkel has called all party leaders to take stock of the situation. “The chancellor continues to be available for interviews with the greek prime minister, if he wishes,” he said the spokesman Steffen Seibert added that Berlin “will respect the outcome of the referendum” organized by the Parliament in Athens. The same Merkel has stressed that “the euro is more than a currency” and for his defense it takes “responsibility and solidarity”. Still, “Europe must be able to find a compromise in the face of every challenge,” said the celebration of the 70th anniversary of the CDU. The German leader said that “Greece has received a generous offer”, but in Athens “there was a willingness to compromise”; remain open doors for “negotiations after the referendum.” In Spain, Economy Minister Luis de Guindos, said that the country is “armored against the risks of contagion.” French President, Francois Hollande, however, attacked Tsipras: “I regret the choice of Athens and we were close to an agreement.” On the same wavelength also the German Social Democrats, that the decision to hold a referendum “is unacceptable.”

The president of the EU Parliament, Martin Schulz , has appealed to “people because greek votes ‘yes’ in the referendum. Two hours ago Tsipras called me and said that he would submit a question, the document proposed to the Eurogroup on 25 June.” I hope that the people vote in favor, “he said. The number one of the European asked him to “stop the clock” between the time of expiry of the program of aid to Greece, tomorrow night, and the referendum on Sunday. Meanwhile, the greek prime minister has asked for an extension of a month program of aid “to carry out the referendum in an atmosphere calm and positive allowing the greek people to take this crucial decision without external pressure. Negotiations will resume on July 6, with the aim of reaching an agreement soon in line with the decision of the people greek “. In this context, the Conference of Presidents of the European Parliament, where sit the President Schulz and the political group leaders, approved in majority an appeal to all the parties to return to the negotiating table by the end of tomorrow night, with the convening of an extraordinary eurosummit to try to agree on an extension at least until the referendum on Sunday.

The statements of the leaders of the Union following a morning that was tinged with yellow, in that of Brussels. The Commissioner for Economic Affairs, Pierre Moscovici, at first announced that President Juncker – who yesterday published the proposed plan for Greece by international creditors – would have “some new proposals.” A return, however, came the official denial, later confirmed in a press conference. A demonstration of the fact that in Europe live two souls fundamentally different between a side doves, from ‘other hawks of the penalty, to work – according to various rumors – to bring down the greek prime minister.

The hope here is that the parties are as close as possible before Sunday, but in the meantime markets collapse. “We are only a few centimeters from the cartel – said Moscovici – I hope that the government supports the ‘yes’ in the referendum on Sunday.” A hypothesis that seems unrealistic at the time. The premier Tsipras asked citizens to scuttle the plan by creditors and yesterday, after a vicious attack that the ECB has decided not to increase the liquidity of emergency at Greek banks, he has decided to close the doors for six days and the trading halt to Athens Stock Exchange.

In this situation, the Minister of Economy Italian Pier Carlo Padoan had to clarify on Twitter that exposure of Italy to Greece is “35 , 9 billion. ” The clarification was necessary because “circulating wrong data on direct exposure Italy vs Greece in bilateral loans and guarantees (updated calculations ESM) is 35.9 billion”.

In the field is returned directly also White House: US Secretary of State of the United States, Jack Lew , has asked to carefully consider debt restructuring greek, provided that Athens will continue on the path of reform. Message seized by EU Commissioner for Economic Affairs, Mr Moscovici, who plays the role of the dove: “We must find a compromise. The door to negotiations is open. I am for a reformed Greece in the Eurozone, without austerity”. Even US President Barack Obama , spoke by telephone with Hollande urging the resumption of dialogue.

The situation in the country is dramatic. With the way the capital controls and a cap of 60 euro for withdrawals from ATMs (but no threshold for cards issued by foreign banks), Greece is on its knees and threatens to scuttle the entire Eurozone. The Minister of Finance, Yanis Varoufakis calls so the governments “because avert disaster”, but European partners do not seem too worried. In an interview with Corriere della Sera, the economy minister, Pier Carlo Padoan shows tranquility: “We are not in 2011, the institutions have weapons to fight speculation. There is no risk to the Italian debt.” Tomorrow is the deadline for paying the IMF 1.6 billion due to the rate of June, but according to a government official in Athens quoted by Wall Street Journal the payment will not happen.


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