Greece unanimous agreement on the plan for more than 80 billion. Now the ball … – Il Sole 24 Ore

Agreement made unanimously to prevent the departure of Greece to the euro. After 17 hours of negotiations, in what will go down in history as the summit of European heads of state longer, it was avoided Grexit, even temporarily. The first he reported via twitter the Belgian Prime Minister Charles Michel, with the word “agreement”. Immediately after the news was confirmed by the President of the European Council Donald Tusk : “I thank the progress and the constructive position of Greece that has recreated the trust between partners in the Eurozone.” This has Eurosummit reached an unanimous. We are ready to go with the program of financial support fund Save states and serious reforms. “

The agreement, Simphonia in Greek, will be three years, with support ranging from 82 billion to 86 billion. This will funded by 50 billion privatization of state assets based in Athens, and not in Luxembourg. The banks have 25 billion to be recapitalized, to immediately provide liquidity to Greece, that on July 20 has already repaid 3.5 billion to the ECB . But to get the funds and the bridge loan Athens has three days in which to approve a hefty package of reforms: tax, pensions, market access, judicial reform, the Directive on the bank bailout. The toughest challenge comes time for Alexis Tsipras , the greek prime minister after reaching an agreement with the Eurogroup must return to Athens to get the okay of parliament: net his hot comment at the end of the summit: “We fought a tough battle, now we will do it in Greece. against “the interests” consolidated. We avoided the financial plan for a choke and for the collapse of the banking system, obtained debt relief and medium-term loans “and” prevented the transfer of our assets abroad. “The number one
Commission EU, Jean Claude Juncker , tries to repair the breach opened during the negotiations: “This compromise there are neither winners nor losers. I do not think that Greek citizens have been humiliated, it is a typical European agreement “. That time the President of the Eurogroup, Dijsselbloem” hopefully by the end of the week may be decided on the mandate to negotiate the support fund bail-European “.
Wednesday a new Eurogroup will meet to assess the commitment of Athens. Meanwhile, those countries must submit the agreement to their parliaments will convene the deputies, and later this week you should get to final go-ahead. Proven but met German Chancellor Angela Merkel at the end of the Summit, which pointed out that it is now possible to restore confidence among eurozone partners, with due respect for the Bundestag whose street free were created the conditions, if all goes as it should. And
firmly on Greece and said ‘approved Plan A and there’ no need for a plan B.