– The Eurogroup has given the green light “in principle” to the third bailout for Greece. In the morning the 28 EU countries had agreed on the bridging loan of 7 billion euro . Also UK , after the reassurances of Brussels, had dissolved the reserve. Meanwhile, a spokesman for the Commission promote Parliament’s vote in Athens : “Important step, the package is passed in time and to the satisfaction with large majority “.
Schaeuble “The best way is a temporary Grexit” – Despite the agreement on the bridge loan, the aftermath of the violent clashes in Syntagma Square back to bite the German Finance Minister, Wolfgang Schaeuble, to reiterate that a Grexit temporary “for Greece would be the best way.” Many economists think that it is impossible to solve the problem without a haircut, he said: “But a real haircut is incompatible with membership in the monetary union “.
” The yes of Athens is an important step “ – Interviewed by the German radio Deutschlandfunk, Schaeuble said then that the green light greek Parliament at first saving measures and reforms is “an important step”, adding that developments in recent days in Athens “displace a little ”, since a few days ago the population voted in a referendum just the opposite what Parliament approved in the night.
The Eurogroup approves the third rescue – The Eurogroup ” welcomes the adoption by the Parliament of all greek commitments all’Eurosummit “, he invites you to approve other reforms envisaged July 22, and gives the go-ahead” in principle “to the third bailout ESM, subject to the completion of votes of National Parliaments expected by the weekend. The officially Brussels.
From the bailout fund of 50 billion euro – The bailout fund ESM will put about 50 billion euro in the third rescue greek, which will total 82 billion to 86 billion, as said the general manager of the fund Klaus Regling in an interview with German television ARD. Regling also added that without the rescue “the greek banking system would collapse.” The roof 50 billion ESM participation opens the question of where to take what is missing, as it is not clear to what extent the International Monetary Fund.
Mattarella: “Enough with the Europe of austerity” – On the Greek situation was also attended by the president Sergio Mattarella, saying: “Our thoughts can not but go to the current difficulties of the European edifice and the crisis credibility that afflicts him, related to obvious troubles of planning and political will generated by myopic perceptions of national interests. ”
“If you are stingy with strategic investments by giving precedence to the more restrictive economic austerity to our Europe will miss the breath”, then he stated the Head of State. And again: “We must never forget that a united Europe is an ideal and not just a space where different interests to compete, sometimes pushing them to the point of creating fractures degrees and social inequalities”. For Mattarella “Europe split will be weaker because conflicts make us fall back on ourselves.”
Monday reopen banks – Greek banks, closed from June 28, will reopen Monday. This was announced by the news agency Ana citing banking sources. Confirmed at the time the limits on the movement of capital and the withdrawal of money.
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