New proposal on the table – Greece has 72 hours in which – Aftonbladet

The Eurogroup finance ministers on Sunday made a new proposal on the tough Greek reforms.

Greece gets 72 hours to the club changes, according to Reuters.

– We must ensure that we weigh the advantages against the disadvantages, not only for Greece but for the whole euro zone, said German Chancellor Angela Merkel.

Drama the acute economic crisis in Greece takes ever new twists.

Yesterday gathered the so-called Eurogroup, which consists of euro finance ministers to discuss the reform proposals that Greece has presented to get new emergency loans. As had been the group’s chairman Jeroen Dijsselbloem promised a “big decision”. But ministers failed to agree.

At midnight, interrupted the meeting. Before that, Finland’s Finance Minister Alexander Stubb said no to grant more loans to the country. Since the euro group did not reach a decision the EU set up the extraordinary summit where Stefan Löfven and other Government of the Union would have participated.

“very ambitious proposal”

The negotiations in the euro group resumed at 11 am on Sunday and ended at 16 o’clock.

– We have made a lot of progress and developed a very ambitious proposal, says Finland’s Minister of Finance lard Alexander Stubb, on his way out of the meeting.

The conditions allow, however tough:

– First, to implement legislation before 15 July. Secondly meet tough conditions on reforms in the labor, VAT and taxes. Third, privatization and privatization funds, summarizes Stubb.

– And most important is that if we are to open the negotiations (on the program) have this whole package be approved by both the government and the parliament, said Stubb.

“Temporary Grexit” still current

After the meeting of finance ministers began a meeting of euro zone heads of government.

For the leaders have been four pages long documents from the eurogroup with conditions the finance ministers set for wanting to accept a negotiated start of a new emergency program. The document contains the offer to “consider further measures to ease Greece’s debt management”. However excludes a debt cancellation.

The document is also the idea of ​​a “temporary Grexit”, writes TT.

“If no agreement can be reached for Greece should be offered early negotiation of a time-out from the euro area, with possible debt management, “reads the document from the finance minister meeting.

The Heads of Government can during the evening come to an agreement that Greece’s parliament in this case, to decide on Monday. Subsequently, negotiations on new emergency loans begin, writes The Guardian.

Reuters report that Greece may 72 hours – until Wednesday – in which to stick the changes.

According to information from the meeting with Finance Ministers need to Greece a loan of 86 billion euros, equivalent to about SEK 800 billion, for the next three years.

“France will do everything”

Prior to the meeting spoke more of the involved government.

– I’m here to reach an honest compromise. We owe the European people who want a united, not divided Europe. We can reach a settlement in the evening, if all parties want it, says Greek Prime Minister Alexis Tsipras.

Even German Chancellor Angela Merkel and French President François Hollande spoke out for the meeting.

– The main value has been lost: confidence. We come today to have tough conversations. I know the nerves are on edge, but we must ensure that we weigh the advantages against the disadvantages, not only for Greece but for the whole euro zone, said Merkel.

– We are here to learn about Greece Tomorrow will be the euro zone or not. France will do everything to get a solution tonight, says François Hollande.