Berlin freezes Athens “lacking confidence” Shaeuble, “Grexit for five years” – AGI – Agenzia Journalistic Italy

00:19 July 12, 2015

(AGI) – Brussels, 12 July – Has’ concluded no agreement yet the Eurogroup meeting began yesterday at 15. The finance ministers will meet again today at 11 to resume work although it remains confirmed that the final choice on understanding with Greece remains the leader.

After 9 hours of tightened negotiations and ‘failure to agree on a joint declaration, even if it’ found that the Eurogroup will draw ‘A list of reforms that Greece must commit to approve in parliament early next week to restore the confidence of partners and allow negotiations for a third aid program. The final decision would still leave the Heads of State and Government that will be seen today for the double summit of the Euro zone and the European Council to 28.

Four days after the Eurosummit convened behind victory the “no” in the referendum had given an ultimatum to the Greeks, that all subsequent steps had been made on time and that optimism had returned to prevail in financial markets, today positions more ‘intransigent of Germany and Finland and the caution of President of the Eurogroup have dampened enthusiasm.

The update of the meeting reflects the fact that some of the euro countries is not ‘convinced from the list of reforms introduced by the government in Athens in recent days and wants more guarantees on their implementation.

That’s why ‘you want it implemented that Greece suffered some “priority actions”, such as the reform of VAT, the abolition of pensions “baby”, privatization. During the meeting and ‘it circulated a document of the German government, from which emerged the demand for a guarantee fund to 50 billion; Furthermore, the German press published another document that suggests a Greek exit for five years. But the location more ‘hard appears that the Finnish government, which could fall if it decides to approve the third floor of Greece’s financial assistance.

Eurogroup,’ no ‘to aid Finland

‘output “on time” of five years of Greece from the euro , to allow Athens to restructure its debt: This is the proposal sent to colleagues of’ Eurogroup by the German Finance Minister, Wolfgang Schaeuble. The revelation ‘came from the Frankfurter Allgemeine Zeitung, and while’ being the Eurogroup meeting in Brussels.

Community sources have confirmed the existence of a German plan in this regard but government sources greek have indicated that the hypothesis of ‘Grexit’ temporary and not ‘been discussed at the meeting of the’ Eurogroup.

According to the FAZ, the German minister sent to other countries in the euro note with which rejects the proposals of Greece and suggested the release time of Athens that would remain However EU member and would receive “humanitarian and technical assistance to stimulate growth.” The plan Schaeuble ventilerebbe the possibility ‘of a transfer of’ assets’ for $ 50 billion in a trust fund from Athens to cover the debt.