Greece, Tsipras changes the team – BBC

LISTS conditioned by negotiations on the bailout of Athens

Milan , April 27, 2015 – 11:11

Online Editor

     
     
 

The greek prime minister, Alexis Tsipras, has announced the” reshuffle “in the team that will have to negotiate with the international creditors. The Greek prime minister has renewed its confidence in the Minister of Finance, Yannis Varoufakis after criticism received after the last meeting of the Eurogroup, but has changed the team that will carry forward the negotiations for the rescue of Athens. Yanis Varoufakis is a “great asset” for the greek government said Prime Minister Alexei Tsipras in an interview with Star TV reported the agency Bloomberg. Despite this, the party leader of the radical left Syruza Yaroufakis entrusted the task of building the new team that will have to negotiate reforms with the IMF and the EU Commission, but also indicated the deputy foreign minister, Euclid Tsakalotos as coordinator of the group. The deputy minister, studies at Oxford, seems to have the opposite characteristics than Varoufakis, called “wasters and amateurish,” at the end of the last Eurogroup. The impetuous and unconventional finance minister thus risks have less say in talks with international institutions. The Secretary-General of Varoufakis, Nikos Theocharakis will be tasked to develop a growth plan for the Greek economy which will be based on negotiation with the creditors in view of an agreement in June. George Chouliarakis, close to the Deputy Prime Minister Yannis Dragasakis will be responsible for negotiating with the group of Brussels and that is with the Representatives of the former troika.

The agreement

Tsipras hopes an agreement with Europe in the coming days. “My vision is for Greece out of the euro,” said Tsipras tv interview, highlighting that a Greek default would be a failure for Europe and

for Chancellor Angela Merkel. Negotiations are in the final stage, “crucial.” But it is not excluded an action by Athens to a referendum if the creditor countries will continue to demand that the government deems unacceptable. In his first TV interview since being elected in January, Tsipras said he expected an agreement with creditors by May 9, three days before the payment of a tranche of the IMF debt of about 750 million euro. He ruled out the default but stressed that the government’s priority is to pay salaries and pensions. When asked what are the options if the government will not come to an agreement, Tsipras has ruled out early elections, but added that the government has the right to accept requests from creditors that go beyond the limits of its mandate and ask the Greeks to decide. “If the solution is beyond our mandate, I will not have the right to violate it, then the solution must be approved by the Greeks,” said Tsipras to Star TV interview. “But I’m sure we will not get to this point. Despite the difficulties, the chance to win in the negotiations is extensive. We have to avoid panic. Who scares you lose in this game. “

Listings

On Monday, however, the European markets have interpreted the government’s decision to create a greek negotiating team for negotiations with the European creditors as a “commissioner” of the Minister of Finance, Yanis Varoufakis, and they celebrate with definite increases. Investors are hoping fact that the move to Athens to end the stalemate in negotiations. Today, European stocks are down: except for the Madrid Stock Exchange, up 0.07%, the main squares of the old continent record all the negative sign. Paris marks -0.62%, -0.60% Frankfurt, London -0.47%, -0.39% Amsterdam, Brussels -0.16%, -0.38% Lisbon and Zurich -0.75%.

April 27, 2015 | 11:11

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