Sunday, June 21, 2015

Gather emergency meeting – now depends Greece’s fate – Aftonbladet

Greece on the brink of economic collapse.

The country’s banks are emptied of money and billion debt pile up.

Today, meet Europe’s finance ministers in what is described as a ödesmöte.

– If there is a solution shaken the entire EU cooperation on, says SEB’s Chief Economist Robert Bergqvist said.

Today, Monday gather EU finance ministers in Brussels to try to reach a solution in talks with Greece.

The end of June is a ödesstund for the euro. Secondly, Greece must repay a 1.6 billion large loans to the International Monetary Fund, IMF. Money that the country does not have.

At the end of June are also at the EU and IMF aid agreement to the Greeks out. Unless a new agreement is concluded wait state bankruptcy for Greece. And an uncertain time for all of Europe.

– If there is a solution shaken the entire EU cooperation on, says SEB’s Chief Economist Robert Bergqvist said.



The Greeks have set hard the hard

The EU and IMF have demanded budget cuts, tax cuts and pension reductions for granting the Greeks new emergency loans.

So far, however, the newly elected Greek government – the Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis in tip – set tough in negotiations. The ruling party Syriza vault settings was based on the promise of an end to the austerity measures in Greece.

On Sunday night gathered several thousand people in Athens to show the government their support before Monday’s talks in Brussels.

– He (Tsipras, reds. note.) may not sign. We have already sacrificed so much. More austerity We can not do, says 23-year-old Michael Peppas the Swedish newspaper Svenska Dagbladet.

Several preparing for an economic crisis. Only on Friday did the Greeks the corresponding 9 billion from the country’s banks.



“The Greek government must back off”

According to Robert Bergqvist, however, the Greeks have to give way. He thinks that the world has already been set for the country with generous loans and debt relief.

– The Greek government has to back down from their promises to the people that there is an end to austerity, there is no other way, he says TT.

Early on Monday, the Greek government a new offer in the negotiations.

“It is a good basis for future negotiations,” writes Martin Selmayr, closest to the EU Commission Chairman Jean-Claude Juncker, on Twitter.

“Grexit” a threat to the EU

“Grexit” scenario, that Greece leaves the euro, could lead to a domino effect that would threaten throughout the EU, says Robert Bergqvist.

– Should Greece leave as all recognize that there is a return ticket to Europe. Today there is a great pressure in many countries for greater economic-political independence and it blows a public opinion-rate headwinds for the entire EU project.

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