Monday, February 16, 2015

Euro Zone requires Greek clearance – Hufvudstadsbladet

Euro Zone requires Greek clearance – Hufvudstadsbladet

Decide says eurozone countries and requires clear answers from Greece renewing a support program. But time is extremely tight.

– We have this week on us, but not much more, said the euro finance ministers’ chairman But time is extremely slim. since Monday evening’s meeting ended sharply much earlier than expected.

The reason was clear Greek resistance to the wording of the proposal Dijsselbloem submitted to the government in Athens would seek an extension of its support program.

– Some people’s insistence that the Greek government will implement the rescue program is unreasonable and can not be accepted. Under these circumstances, it will not be able to get a deal today, said a Greek government source according to Reuters.

Flexibility?

Dijsselbloem and his colleagues are However, as firmly set on an extension is what is needed.

– The general feel of the Eurogroup is still the best is if Greece can seek an extension of the program … Such a solution would give the Greeks a degree of flexibility, said the Dutch Finance Minister.

– After listening to my Greek colleague who talks about a “bridging” – although it might just words – I think it sounds right as an extension, said Dijsselbloem.

European Commission Vice-President Valdis Dombrovskis said after the meeting that the euro zone ministers are ready to continue negotiations with Greece if and when the country is ready to ask for a continuation of the support program. Dombrovskis said that the ball is now in Greece should ask for continuation, as Greece’s new government repeatedly refused.

Also Finance Antti Rinne (SDP) said that the euro countries are not collected for new negotiations after Greece asks for employees continuation of the support program.

German skepticism

That it would not be possible to reach a deal on Monday became clearer and clearer as the the day went.

– I’m pretty skeptical. The Greek government has apparently not moved, stated German Finance Wolfgang Schäuble on the way to the meeting.

– There is talk that we can meet on Friday, but nothing is clear yet . Nothing has happened over the weekend can be described as a breakthrough, said Ireland Michael Noonan .

Finance Rinne said before the meeting that Finland is prepared to negotiate a new support program for Greece.

– We hope we can continue with the old program, said Rinne.

“Unacceptable”

From Greece repeated Finance Yanis Varoufakis in advance to all the new left government really ask for more time.

“Our government does not ask our partners on a path away from the payment of our debts. We ask for a few months with financial stability that makes it possible for us to tackle the reforms that the overwhelming majority of the Greek population can support, “he wrote in an opinion piece in the New York Times.

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