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Video Tgcom24 – Economy

27 June 2015

The finance ministers harshly Uecriticano the decision of Athens to hold a referendum on the proposal of the creditors

 
 
 
 
 
 
 
 
 
 

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21:46 – “I am very disappointed by the greek government’s decision to reject the proposal of the creditor institutions,” said the president of the Eurogroup Dijsselbloem , before the meeting of finance ministers of the euro that has decided not to accept the government’s request to extend the current greek bailout program expire on June 30 of a few weeks. Now the hopes of avoiding the default are very few.

Greece leaves the table – “There were no institutions to leave the negotiations, were the Greek “, as the president of the Eurogroup, Jeroen Dijsselbloem, during the press conference after the Eurogroup. “If the negotiations are over is because Athens has said that what was on the table deserve a no.” The EU, however, leaves a glimmer of hope: “We will continue to work with Greece. But if the government will follow the path you outlined the aid program will end.” If Greece were to ask new aid “we are ready to provide support.”

Europe prepares for the failure of Athens – No new meeting is planned for the Eurogroup. “There is no date. We will follow events day to day, we will closely monitor and if necessary we will meet,” he notes Dijsselbloem reiterating that “the minister greek Varoufakis came out of his own free Eurogroup”. At 18, after a brief suspension caused by the decision of Greece to come out, the ministers met for two hours to consider the consequences “of the rejection of the Athens proposal to creditors and” to prepare the necessary actions to safeguard the stability of euro “.

Climate tense from the start at the top – The climate summit appeared immediately tense, especially after the government’s decision to hold a referendum on the greek ‘ bailout agreement. “This is very sad,” he added Dijsselbloem.
also strongly the position of Germany, which has always pushed to find an agreement at all costs. “unable to extend the program” the Greek rescue, expiring on June 30, “without continuing to negotiate” and “the greek government has left the negotiating table,” he said the German Minister of Finance, Schaeuble, Eurogroup.

The Finnish Stubb added Eurogroup that “there is a clear majority against the extension of the greek program”. With the referendum, he said, “Greece has closed the door to negotiations.”

Needless then, if not provocative, the request of the Minister of Finance greek, Varoufakis, at EU, ECB and IMF to prove to be “flexible” and give Athens time to call for a referendum on July 5. Not only to prevent meanwhile Athens will default, Varoufakis asked the ECB to return to Greece of EUR 1.9 billion of accrued interest on Greek bonds held by Frankfurt, so you pay the 1.6 billion euro due to IMF on June 30.

“The time is running out” – We have added our conclusions in a statement that was not accepted by the representative of Greece, “said the president Eurogroup Dijsselbloem, after the meeting which will resume without the representatives of Athens. “The aid program expires on June 30 and we have more time,” and “the Greeks must understand the risks they are running,” points out, noting “with great regret” that the negotiations have failed.

Varoufakis raises: the people decide greek – “I think Dijsselbloem forbid that we apply a proposal in which we do not believe,” he He said Finance Minister greek, Varoufakis after Eurogroup extraordinary that sanctioned by the time the end of the negotiations. “We will respect the decisions of the people even if it should result in a government reshuffle-assertion the greek people is the principal of each decision, if they tell us to sign, we will sign.” But “there remains the possibility of negotiating and possibly even improve the proposal made by the EU and IMF”.

It moves the ECB – The ECB will “in due course” a meeting the Board of Governors to discuss the latest developments of the Greek crisis, whose developments are “closely monitored” by Frankfurt. You read on the Twitter profile of the ECB.

Padoan: “No risk contagion to Italy

In all this, the Italian Minister of Economy, Pier Carlo Padoan, reassures her and says:” There ‘is no risk of contagion to Italy. “And then a stab executive of Athens:” Their choices have been inadequate. “READ THE ARTICLE

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Athens

Greece

Dijsselbloem

Eurogroup