Tsipras, “presented the proposed agreement” but the EU: “I still can not … – BBC

ATHENS

Milan , June 2, 2015 – 10:45

     
     
 

On Monday night, the Prime Minister of Greece, Alexis Tsipras, has delivered to international creditors a proposed agreement. “We delivered a realistic plan – said Tsipras – to eject Greece from the crisis.” It has also added the final decision remains in the hands of European leaders. The Prime Minister of Athens and leader of the radical left Syriza explained that he had made proposals to the European leaders ‘specific, realistic and concrete’ and that he had “already made concessions.” “Negotiations are hard – said – but we are determined.” It might then be the final rush the case greek for months held in abeyance the former troika, committed to addressing with Athens and the main European leaders, the crisis in Athens. Just Monday there was the last summit in Berlin on the dossier organized by Chancellor Angela Merkel, which was attended, among others, the European Central Bank President Mario Draghi. Greece “I believe that a solution is possible,” he said in the morning, the European commissioner for economic affairs Pierre Moscovici in an interview with the radio station France Inter. “There have been serious progress – has confirmed he too – but remains to be done to reach a good agreement.”

The slowdown of the EU

Concepts reaffirmed by the EU itself after the sentences of Tsipras: “We have not yet,” said a spokesman for the European Commission but the fact that there is “an exchange of proposals and documents is in itself a good sign.” The spokesman responsible for economic issues, Annika Breidthardt, then reported that, following the Berlin summit between France, Germany, ECB, IMF and EU, are continuing consultations “at technical and political level”, the first to analyze proposals and documents, the second “to take stock of the negotiations and for an exchange of views. The negotiations aim to unleash the aid of the plan by 7.2 billion financial assistance to Greece which has to repay a loan from June 5 to the IMF. Greece would make proposals on pensions during the talks with its international lenders, who now are now considering the merits.

The Bags

In Meanwhile, European stock markets have reacted to rumors in a disorderly: if Milan (+ 0.83%) and Madrid (+ 0.84%) are gaining points, Paris is undecided on the road to take and leave Frankfurt on the parterre 0.56 %. Amsterdam also go down (-0.46%) and London (-0.48%). In Milan, after the announcement of Tsipras, it is immediately followed the fall of the BTP-Bund spread at an altitude of 143.70 basis points and performance of our securities at 2.0367%, with Bund rate to 0.5996%. And the rate on ten-year BTP was reported at 2%, the level seen at the beginning of May.

June 2, 2015 | 10:45

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