Greece, Athens ultimatum Eurogroup “reforms by July 15″ – The Messenger

The eurosummit is “still far” from reaching agreement on the position to be taken against Greece, “but you are moving in the right direction.” It has learned from sources in the margins of the EU summit of eurozone countries. The summit should “be conclusive,” and we expect a “long night”, added the same sources.
The objective of the European Council President Donald Tusk, explained the sources, is essentially to transform the document released by the Eurogroup in a final text dell’Eurosummit. And the basic idea is always to not get to the Grexit. After an initial presentation of the document, the work of the summit broke down to make way for consultations restricted and then resumed focusing on sentences put in square brackets, or those on which there is consensus. On the rest of the text, indicated the sources, is therefore estimated that there is the consent of all, and then also greciInsomma, l

The eurozone wants to keep Greece in the euro but in exchange wants a unconditional surrender. Only a week ago were Tsipras and its citizens who voted ‘Nò to dictate terms, but now is Germany’s Merkel and Schauble.

Do not want to help Athens at all costs, all the costs it must pay the government Syriza, if it really wants to remain in the family of the single currency. The price will be very high: the return of the Troika, which occur every step of the Government, the reintroduction of collective redundancies, the abolition of collective bargaining. Tsipras will not even have time to go home and explain why a plan much harder last bid, since it has to be approved by Parliament by Wednesday the first set of reforms, including taxes and pensions.

It will have neither time nor choice: the alternative that offer at the moment is a ‘Grexit’ temporary, with all the unknowns about the failure that it would entail. The plan ‘take it or leave it, putting the noose around the neck of Athens leaving to her the choice to tighten it or not, writes the Eurogroup. Some people take it for granted that the minister Tsakalotos, ready to do anything to take home saving, has already accepted. Others say it is a way to throw Greece out, forcing her to refuse the poisoned dumpling. Accept such conditions, the toughest of any draft circulated in recent weeks, making it practically discounted the departure of the prime minister.

That’s why leaders are trying to negotiate, some helping the Greek premier to come out the dead end in which the Falcons have hunted. “The situation is very complicated, we are trying to reach an agreement,” he said Prime Minister Matteo Renzi entering the summit. “France will do everything to reach an agreement today allowing Greece to remain in the euro zone,” said Francois Hollande, asking to give up national interests and defend ‘the design of the EU. “

L’ invitation is clearly to Germany, granite in his distrust of the Greeks. “There will be an agreement at any cost, we will have to assess whether the advantages outweigh the disadvantages,” he warned Angela Merkel, convinced that a bad agreement is worse than no agreement. France and Italy, for now, remain isolated voices, while Germany has many followers: all three Baltic countries, the Netherlands, Slovakia, Malta, Austria, Portugal and Finland. So much so that one of the few to consider “good progress” conditions halter Document Eurogroup is Minister Alexander Stubb, the most extreme hawks also out of necessity, since his government, blackmailed by a part of the coalition, is likely to fall if you will face the Greeks.

That is the document written by the Eurogroup and later a leader is for the consumption of those governments that have to stay firm in your own home. And then come back all the flagships of the ‘austerity’: the Troika returning to ‘commissariarè the immediate abolition of the Greek Government – that is, by Wednesday – the baby pensions from the reintroduction of collective redundancies abolition of collective bargaining. Even the reforms that Tsipras has already made will be saved: must be ‘compensated (ie finding measures to cover), or abolished. By Wednesday will already demonstrate that you understand: it must be approved by the Parliament of VAT reform, pensions, the adoption of the Code of Civil Procedure, the creation of ‘Fiscal Council’ provisions of the Fiscal Compact to control budgets and the Directive for ‘bank resolution, which puts an end to government bailouts.

Immediately after a new Euro Group should meet to judge, and if given the green light to the third bailout of 80 billion to 86 billion euro, of which 10-25 will go immediately to the banks asphyxiated, some of which are expected to have to do ‘orderly bankruptcy. It also provides for an intervention on the debt, but without specifying the scope. Brackets in the document – thus leading to the decision whether to keep it or not – remains the alternative: in Athens will be given the possibility of “a quick negotiated a temporary suspension from the euro zone, with possible debt restructuring.” A hypothesis that is still trying to avert. “The night will be long,” they prophesied in the evening European sources.