Today the premier greek Alexis Tsipras is expected to present details of the plan, having said available to take action on pensions and tax authorities in exchange for a cut in the greek debt and aid for three years. The Athens Stock Exchange will remain closed until Monday.
“I just talked with Prime Minister Alexis Tsipras. I hope to receive today proposals for concrete reforms and realistic, “he announced on Twitter the president of the EU Council, Donald Tusk.
” We are not in 2012, at the height of the crisis “because” the ‘ euro is stronger “and” Italy is stronger and more resistant because it reforms and returns to growth, “said Minister of the Treasury Pier Carlo Padoan in disclosure to the Senate on the Greek situation talking about a” progressive tightening “by part of creditor countries but also of a “behavior often disheartening” of Athens.
Meanwhile, Greek banks will remain closed until next Monday included. This was announced by the Ministry of Finance greek. According to the newspaper Kathimerini, bank managers estimate that the existing cash will be sufficient until Monday inclusive. However, expect that difficulties arise unless the same day the European Central Bank (ECB) did not exalt the limit of emergency liquidity (Ela).
The president of the Bundesbank, however, Weidman says no to increased of emergency liquidity from the ECB, “until it will set up a support plan.”
The same bank officials have pointed out that if Greece does not reach an agreement with its creditors and if Ela will not be increased, it will be unlikely that already on Monday the Greeks will withdraw the deadline 60 euro a day fixed for each bank account at ATMs. Moreover, Kathimerini revealed that the government is considering the possibility of imposing a limit of 1,000 Euros to the amount of cash that the Greeks can bring when traveling abroad.
July 9, 2015 13:18 – Last Updated: 13:57
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