Wednesday, July 1, 2015

Greece, Tsipras ready to accept EU conditions – The Messenger

The premier greek Alexis Tsipras “accept all the conditions of the creditors that were on the table at the weekend with only a few minor changes.” He writes the Financial Times quoting a letter sent by Tsipras creditors last night. On European stocks, betting on an agreement between Athens and creditors.

“The Hellenic Republic – reads the text of the letter published on the website of the British newspaper – is ready to accept the technical agreement provided that they are inserted some amendments, additions and clarifications. “

Greece yesterday did not pay the 1.5 billion euro due to the IMF, but it is yet to find a way out of the crisis. Sled while this afternoon the Eurogroup meeting that must examine the request of the Greek Prime Minister to negotiate a deal at the last minute to avoid the default of the country and especially the exit from the euro.

The agency debt rating Fitch cut its rating of Athens, where today thousands of retirees without ATMs are lining up banks for the cash payment of pensions. According to the polls, however, the closure of banks promotes yes voters in the referendum on the proposed agreement of creditors scheduled for Sunday. Yesterday the supporters of Yes took to the streets.

Tsipras wants to negotiate a third floor, which also includes an agreement to cut debt. But Merkel exclude that such negotiations can take place before the referendum on 5 July. The latest offering that Tsipras yesterday sent to creditors, looking for a last-minute agreement, was far from the last offer of mediation of President Jean Claude Juncker. The premier called for a new loan fund were saved for two years and a debt restructuring.

Now, with the disappearance of the second aid program, the hope is that the EU Tsipras open immediately to negotiations on the third package, which may bury forever the hated Memorandum related to previous agreements. Merkel, however, slows down the expectations Greek: “Berlin will not consider the possibility of a third bailout for Greece, as proposed by Athens, before the outcome of the referendum next Sunday.”

The Chancellor, however, leaves the door open: “Of course, not even after midnight will cut threads of dialogue, or we would not be the European Union,” he said. And her finance minister, Wolfgang Schaeuble, also reassures the consequences of a possible victory of the no to the referendum: “Would not it be a Grexit,” he said, reiterating the line of defense of the euro area chosen by Berlin.

But the pressure on the negotiation is not in one direction. From the US, for example, Obama asked to continue the talks. It is not just words: Treasury Secretary, Jack Lew attaches to the phone and called many “colleagues” to convince Europeans to open a chink in Athens. We need a compromise, he repeated to all.

The EU, however, does not seem prepared for the moment to abandon Greece. “At this time hath reopened the dialogue,” he said yesterday morning the president of the S & amp; d at the European Parliament, Gianni Pittella. And Prime Minister Matteo Renzi has heard the phone Tsipras. If it were an agreement before July 5, they know European sources, Athens could also withdraw the referendum or stand up for.

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