Sunday, March 29, 2015

Lenders reject the Greek list of reforms? – Polish Radio

Athens announced on Friday a list of lenders to transfer reform, promising a small budget surplus this year. Greek side expressed the hope that this will unlock the urgently needed funds.
Greece on the verge of financial collapse
Greece, which was rescued from bankruptcy by loans from eurozone countries and the International Monetary Fund, in recent weeks, again stood on the edge of financial collapse. In late February, Athens requested an extension of the aid program, but the work that would allow the payment of funds to the Greeks, the delay.

George Soros: Greeks situation worsens. Doing harm to themselves.

Source: Bloomberg / x-news

The Eurogroup and the European Central Bank have set it clear that the condition to pay 7.2 billion, that is, the next tranche of bailout package for Athens, is to provide, and then implement thorough and effective economic reforms and to make their assessment lenders. If you do not happen quickly, it’s the end of April, Greece may become insolvent.
Negotiations no breakthrough
According to the agency dpa three days of negotiations on the Greek letters, which the Greek government representatives in Brussels verbally explained the representatives of the European Union and the International Monetary Fund, have not produced a breakthrough. – This list is too vague, unbelievable and impossible to verify – dpa quoted one of the EU diplomats.
representatives of the Greek authorities revealed on Friday that the new list of the project were to increase this year, the state budget revenues by 3 billion, but it is not on measures such as cuts in wages and pensions. According to the source the original Greek budget surplus (excluding interest on debt) is expected to be 1.5 per cent., A growth of 1.4 per cent.
government of Prime Minister Alexis Ciprasa previously announced that the list of reform measures will improve investor sentiment and increase tax revenues. Announced a reform of the judiciary.
dpa According to the agency, invoking the participants in the talks in Brussels, what presented the Greek side, is not suitable for use as a basis for negotiations.

Prime Minister of Greece on a visit to Berlin.

Source: RUPTLY / x-news

PAP, bless

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