Thursday, August 13, 2015

Greece, waiting for the Eurogroup: the agreement with the EU is complicated – TGCOM

– And ‘tensions high ahead of’ Eurogroup in Brussels Friday . The road to the agreement on the third bailout of Greece is indeed complicated. Germany fact remains reluctant to give the green light to the plan, so that the “Financial Times” writes that “ Berlin throws sand in the gears of the Agreement on Greece”, commenting on a document in which the Ministry of German Finance “lists his objections cartel”.

Greece , waiting for the Eurogroup: the agreement with the EU is complicated

The document had been circulated among the eurozone partners “just hours before the vote of the Parliament greek”. The German finance ministry has however denied plans to reject the agreement, but explained that is raising only “ some issues that need to be evaluated within the Eurogroup “.

In particular Friday’s meeting in Brussels of the finance ministers of the Eurozone has to give “relevant answers” on the delay in reforms, on debt sustainability, the role of the IMF and privatization . And on the latter point to worry about Berlin is the proposal to postpone the fund to 50 billion. The spokesman for the financial issues of the CDU, the party of Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble hawk, said that an agreement with Greece “is desirable but it is not obvious” .

Sources EU nevertheless state that on the table there will be Eurogroup for Greece is a chance to give the green light to the rescue ESM and is the option of a new bridge loan . Both procedures have already been activated and ready to be applied. Meanwhile, another report circulated among the eurozone governments, the European Union shows that nourishes “strong concerns” on sustainability ‘debt greek, fears that Germany put pressure on their own, the main creditor of Athens, to consent to a its restructuring in the third floor of aid to Greece. The EU, according to the report, suggests an extension of maturities and a grace period for Athens rather than a cut nominal debt.

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