” The work must continue with greater intensity ”. And ‘This is the message that comes from the emergency summit on Greece convened in Berlin and attended by Mario Draghi, Angela Merkel, Christine Lagarde, Francois Hollande and Jean-Claude Juncker.
The leaders met in the evening in Berlin to discuss the state ” of the current ongoing negotiations between the institutions and the government greek. They have agreed that work must now continue with greater intensity ‘. The leaders have been in close contact in recent days and want to remain so in the coming ”.
Greece repay 300m to IMF on June 5 if there is agreement – Greece will make a payment 300 million euro to the International Monetary Fund (IMF) Friday, June 5 if before that day has reached an agreement with creditors even if not received in time further aid. Media reported Athenians citing statements made this morning by a source close to the Greek Government.
The Greek game is at the final stages, the possibility of a default Friday, the expiry of the new installment of the IMF, and scare forces EU leaders to take the field : Dragons, surprisingly, achieves Merkel and Hollande, already gathered in Berlin to find a solution to the impasse and put an end to those technical negotiations that have so far made little progress and brought way too long. After many warnings of Europe in Athens, the time now is running seriously, despite the European Commission, mediator in the match between Athens and other capitals, has moved the deadline to the end of June in order to buy time for negotiations, “C ‘There is only one deadline is June 30, and ends when the aid program, “said the spokesman for President Jean Claude Juncker, who also heads to Berlin to see the Chancellor and Hollande, but not present at the meeting with the Dragons. But a Greek default, nightmare throughout the Eurozone, could take as early as Friday if you do not run for cover: Athens has to repay € 300 million to the IMF, but still does not know how and when that day will be able to pay. He said he will do, but the confidence of creditors is very poor, as it was for the last installment had access to emergency funds deposited with the Fund, which authorized the operation provided that it is repaid within a month. To avoid the worst case scenario, Draghi, Merkel and Hollande evaluate possible options. So far no one wanted to give in to the demands of Tsipras, who wanted to bring the confrontation from the technical to the political. But nobody wanted to even give him a real ultimatum, namely a proposal ‘take it or leave it’. And it is in this scenario that could work three in Berlin, assumptions already circulated a few weeks ago. The comparison would be politically much harder, and the outcome uncertain, especially after allegations of Tsipras Le Monde against creditors who are “absurd proposals” in Athens, heedless of the democratic choice of the citizens. Yielding to the demands and theories of Syriza government would be unacceptable to all executive Eurozone. The attempt is thus to avoid the worst case scenario. Why Grexit “is definitely possible” but not “desirable”, said Economy Minister Pier Carlo Padoan at the Festival of Economics in Trento, mainly because “no one can say today how you could manage” an output of Athens. The minister, however, remains convinced that an agreement is near, and that’s what also hope the European institutions, totally unprepared in the event of default of a country’s currency. The hard line of Tsipras, who in his speech on Le Monde reiterated not want to withdraw its ‘red lines’, is also due to the confrontation taking place inside Syriza. Proof of this is the story of the candidate chosen by the Government to represent Greece at the IMF, economist Elena Panaritis, socialist Pasok, forced to resign after the outcry of more than 40 Members of Syriza who consider his views “in conflict with the program of the party “.
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