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This article was published June 17, 2015 at 6:35.
Day of fierce exchanges of accusations between the president of the European Commission, Jean-Claude Juncker, the prime minister against greek Alexis Tsipras and Athens against the IMF. The International Monetary Fund has a responsibility “criminal” to the situation in Greece and the creditors’ want to humiliate us. ” This is hard edged pronounced for internal purposes by the premier Alexis Tsipras addressing the Parliament in Athens. Tsipras said that the real negotiations “begins now,” referring to the Eurogroup on Thursday and the possible anticipation of the summit of Heads of State and Government of the European Union planned on 25-26 June in Brussels.
How to make matters worse the greek prime minister would say also that Greece could not pay the installment of 1.6 billion euro IMF later this month without a deal with creditors. This was reported by sources close to the leader of the centrist parties and PASOK To Potami after talks yesterday morning with the greek prime minister, according to the newspaper greek center-left To Vima.
Tsipras, added the same sources, it would be determined to carry out the negotiations until the end of the month, and even to clash with the more radical elements within his party, led by the Minister of Energy, Panagiotis Lafazanis, in order to ensure an “honorable agreement” with Greece’s creditors.
Ready harsh reactions to the European expressions of Tsipras. “I blame the government in Athens because it tells things that have not been proposed by the Commission.” It was the heavy attack of the EU Commission President, Jean-Claude Juncker, who said ‘do not be in favor “of the increase in VAT on medicines and electricity and had instead proposed defense cuts and” an investment plan 35 billion euro up to 2020 ‘. Athens, as a percentage of GDP, the second military spending in the EU after the UK because of the tense relations with Turkey.
“I think that the debate would be easier if the government tell it like it is “said Juncker, explaining that they have never been in favor of the increase in VAT on medicines and electricity, and” the prime minister knows this. ” He instead proposed cuts in defense, “easier to do.” “I do not care the government greek but Greek citizens, who suffer more than others in the EU for the consolidation program,” said then the president, adding that now “there are ongoing contacts, negotiations are at a standstill because they were not nowhere. In short, according to Brussels the Greek government on the negotiations mind.
“Unfortunately, there is little new to report on Greece,” he said disconsolately Angela Merkel, responding to a question on the sidelines of a press conference with the Prime Minister of Luxembourg at Xavier Bettel. The Chancellor added that he expected the Eurogroup on Thursday and it “can not say” whether there will be agreement. For emergency loans “Ela” that keep Greece afloat will continue to be “business as usual” until the country will not default on its debt. This was stated by the director of the Dutch Central Bank, Klaus Knot, adding that banks could also face the government’s default. So the chances of an “accident” greek rise to 55%, with the increase in chances of a possible default. This was stated by Mohamed El Erian, chief economic advisor of Allianz, in a CNBC interview. Referring to some conversations with European officials, El Erian said that there seems to be a growing confidence that the contagion effect that could result from a default would be limited and that the euro area would be better off without Greece. But no one knows this hypothesis by “terra incognita” of the first default of a Eurozone country. While Greece has to make a “serious step” to reach a compromise with creditors. He said the US Treasury Secretary, Jack Lew, during a telephone conversation with Tsipras.
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