Updated today 17:13.
Published today 10:01
Documents leaked from the meeting of eurozone finance ministers shows on more stringent requirements on Greece than it has hitherto been known. At 16 o’clock took the Heads of State and Government with Merkel and Hollande in the lead in order to bring the final negotiations.
Documents leaked from the meeting of eurozone finance ministers shows on more stringent requirements on Greece than it has hitherto been known. At 16 o’clock took the Heads of State and Government with Merkel and Hollande in the lead in order to bring the final negotiations.
– The main value has been lost: confidence. We come today to have tough conversations. I know the nerves are on edge, said Angela Merkel when she arrived in Brussels on Sunday afternoon.
The meeting between Eurozone finance ministers ended at 16 o’clock and then began the meeting between Heads of State and regeringscheferna.Dokument leaked from the finance ministers’ meeting shows that the set stricter requirements on cuts and reforms for Greece than it has hitherto been known. Among other things, requires the finance ministers that Greece will have a budget surplus of 3.5 percent already in 2018 writes The Guardian .
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– We are at a crossroads. We must come to a decision tonight, and I hope it will be a positive one, says EU Parliament President Martin Schulz at a press conference after the meeting.
On the way out of the meeting of finance ministers said Finland Stubb:
– We have made a lot of progress and developed a very ambitious proposal.
He summarizes conditions in Greece this:
– First: implementing legislation before 15 July. Secondly meet tough conditions on reforms in the labor, VAT and taxes. Third, privatization and privatization funds.
Belgian Finance Minister says the BBC that the Greek proposals were not sufficient, without the Eurogroup added villlkor.
– We agree on 90 percent. Now it is up to the leaders, says Johan van Overtveldt the BBC.
Saturday put Germany also submitted a proposal temporary Grexit where the country would somehow be excluded from cooperation under a number of years and then come back. Among other things, Finland stated then support the proposal while France is received.
– There is no temporary Grexit. There is either or not Grexit Grexit. We are here to learn about Greece tomorrow will be the euro zone or not. France will do everything to get a solution in the evening, said French President Francois Hollande on his way into the meeting.
Harry Flam, Professor of International Economics at Stockholm University, gives Hollande’s right. DN, he says that “temporary” Grexit most is a way for Germany in particular to avoid it looks like that pushes out Greece from the euro zone.
Previously it has been clear that the meeting with all the heads of government in the EU’s 28 member countries, which was scheduled on Sunday is set. Instead, it is thus only the euro-zone leaders attending the summit.
“It is a serious situation, , but our hope is that the euro countries fail to reach an agreement. Now there was no EU summit today, but we who represent the nine countries outside the euro zone are of course following developments closely and we stand ready if there is a new situation, “the Prime Minister Stefan Löfven in a written comment to TT by reason of the set meeting.
I have canceled #EUCO today. #EuroSummit To start at 16h and cargo Until We conclude talks on #Greece
– Donald Tusk (@ eucopresident) July 12, 2015
EU peaks collected probably means that the finance ministers believe that there are such great contradictions that they want to bring up the Greece issue at the highest level. The finance ministers can not give the green light to Greece if they follow their rules and why they want the top politicians in the euro zone will give its view on the consequences.
It is a dramatic decisions to be made where the political stakes are enormous for what hangs in the balance.
Donald Tusk has said before that deadline for a decision on Greece’s last aid package expires on Sunday. It is reinforced by his posts on Twitter, the meeting “will last until we have taken a decision on Greece”.
Stefan Löfven means the set meeting that he, as previously planned, already during Sunday Pole travel to Addis Ababa in Ethiopia. He will be there along with leaders from around the world attend the UN Conference on Financing for Development on 13-14 July, said his press secretary told DN.
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