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This entry was posted on July 11, 2015 at 15:37.
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BRUSSELS – It will be a meeting of finance ministers long and complex one that began in the early afternoon here in Brussels and in the evening he was still going. The talks focused on the rescue of Greece. Some countries have expressed caution before a government plan Tsipras, approved by Parliament in the night greek, explaining that many details still need to be clarified. The risk is that ministers are unable to agree on a third aid plan, and referred the decision to the Heads of State and Government tomorrow.
“We have not yet – has He explained the president of the Eurogroup Jeroen Dijsselbloem, before the meeting -: both on the substance, in terms of fiscal policy and economic reforms, both in terms of the trust, which has been deeply undermined. This is a real problem (…) there are many concerns among ministers. A meeting will be particularly difficult. ” From Berlin, a spokesman for the Ministry of Finance said that the debate is still “wide open.”
Arriving here in Brussels this afternoon, the German Finance Minister Wolfgang Schäuble confirmed this statement and lack of confidence, explaining that negotiations between the ministers of the euro zone will be “exceptionally difficult”, that the Greek proposals “not enough”, and that “the financing gap is very high.” He reiterated that from his point of view the European treaties do not allow a restructuring of government debt greek.
“The Eurogroup should discuss the proposals and many questions have yet to receive an answer,” said Minister of Finance of Estonia Sven Sester. Said Edward Scicluna, his Maltese counterpart: “We have to solve a mismatch occurs between the new government’s proposals Tsipras, which go beyond what has been discussed so far, and the political platform with which the government was elected in January. In other words we must be sure that the promised reforms will actually be adopted. “
The new plan proposed by the Greeks provides funding to 74 billion euro over three years, including 16 billion euro from the International Monetary Fund. In the night between Friday and Saturday the three credit institutions – the IMF over, also the European Commission and the European Central Bank – have posted relatively positive Eurogroup an analysis of Greek proposals received Thursday night from Athens, and partly approved by Parliament greek in last night.
In the 13-page document sent by the greek government to the three institutions and on “Priority actions and commitments”, Athens agrees on many of the measures proposed by the creditors on June 26 and rejected by the Greeks in a referendum on Sunday. The problem is that then the package was intended to get 7.2 billion euro from the memorandum expired in late June. Today, the greek government proposes something relatively similar for more than 70 billion in three years.
“We expect a very Eurogroup along with discussions of substance, even though Parliament has approved proposals and these are considered acceptable by the institutions to start negotiations, “he explained this morning a representative near the Community Commission Vice President Valdis Dombrovskis. Today’s meeting should serve the governments to make a first assessment of the memorandum, and give the green light to a real negotiation in view of a new program.
“We are very skeptical ministers and others who are less’ said Scicluna Maltese, referring all’atteggiamenti of his colleagues before the Greek proposals. On the other hand, the Deputy Minister of Finance Dutch Eric Wiebes was explicit: “Many governments, including my own, have serious doubts on the commitment of the greek government and its ability to adopt” the proposed reforms. Italian Economy Minister Pier Carlo Padoan spoke of “constructive spirit”, but “not an easy path.”
Some observers wonder if the finance ministers fail to decide today whether to give the green light to new negotiations, they depend on the new financial aid. If the meeting were to end in a stalemate – want to difficult to approach positions, either because of the importance of the matter – the dossier will go to the heads of state and government, who are due to meet here in Brussels tomorrow. On the negotiations of these hours weighs a strong mutual resentment between Athens and its creditors.
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