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– The Greek government has rejected proposals (institutions representing creditors – ed.) And decided to ask parliament to hold a referendum about – said the chairman of the Eurogroup, noting that the Greek suggestion Government is such that the Greeks gave a negative response. – In this situation, an aid program expires on Tuesday evening – Dijsselbloem said.
He stressed that the Eurogroup was “negatively surprised” Decision Greece. He added that the Eurogroup message was not supported by Greece and this is the message the other 18 euro area countries.
The government in Athens courted that the aid scheme has been extended in order to gain time to announced in the night from Friday to Saturday by Prime Minister Alexis Ciprasa referendum on the conditions for support set by lenders. Rejection of requests Greece means that the country does not receive the last installment of aid in the amount. 7.2 billion.
Call the Eurogroup without Greece
As reported Dijsselbloem, after the completion of the first part of the meeting the ministers gathered again, but without the Greek Janis Warufakisa. – Gather again without Greek colleague – said the chairman of the Eurogroup. He explained that the purpose of the meeting is to discuss the political consequences of Greece’s decision to reject the proposed agreement and broken down by referendum, as well as prepare “everything it takes to ensure a high level of stability of the euro area for any eventuality.”
Asked if after the expiry of the Greek aid program, banks may still be supplied with liquidity by the central bank, Dijsselbloem said: “On this question must answer Governing Council of the European Central Bank”. He added that he can not interfere with its independence.
Greek banks need help from their central bank, because the people of this country massively withdraw deposits. Help for banks is approved by the ECB, which at any moment may limit its scale, or even to end it.
“The Greek government – incredible”
According to the head of the Eurogroup, even if the Greeks in the referendum would support the conditions of the assistance provided by the three institutions – the European Commission, the European Central Bank and the International Monetary Fund – it is not certain whether the government will meet in Athens These conditions, which spoke so negatively. According to Dijsselbloema Greek government has a problem with credibility.
also warned that without international support Greece’s situation will worsen dramatically in the coming weeks and months. Greece will continue to have financial obligations – pointed.
ws no referendum. Euro area
said Warufakis in turn, that the planned referendum will not concern Greece remain in the euro zone. – It will not be a referendum on the euro – he said at a press conference, noting that the EU Treaty does not have procedures leave the eurozone. He added that anyone who wants the referendum concerned the membership of Greece in the euro area, would first have to change the EU treaty.
– We will ask the Greek simple question: whether we should accept this particular program – the minister said. He stressed that the role of government is to implement the will of the people. – If the Greeks told to sign (the agreement with creditors – ed.), Tobyśmy signed – he said. He added that the government in Athens would “carry out the will of the Greeks” as expressed in the referendum even if it would require a “reshuffle in the government.”
“Everybody in Brussels have been really enough “
According to experts, a negative answer to eurogroup appeared in full light, how much exhausted the patience of European partners in relation to Athens. – According to me, all in Brussels have been really pretty. Their goodwill exhausted for months, but now has come to zero. They really long tried to help Greece, but now the general attitude is such that it is better to get rid of the problem, than continue on – said James Ker-Lindsay of the London School of Economics.
The scientist agrees with this assessment. which issued the government in Athens, the head of the Eurogroup Jeroen Dijsselbloem that even if the referendum Greeks creditors accept the proposals, the Eurogroup there is no reason to believe that they would be properly enforced.
In February the Eurogroup and the IMF agreed to extend an aid program for Greece by four months, until 30 June, this time to negotiate the conditions for unblocking the last installment of support. Alexis Ciprasa leftist government wanted to alleviate those conditions, claiming that imposed by the institutions ‘troika’ belt-tightening has disastrous consequences for Greek society and the economy. For four months, however, it failed to negotiate a compromise.
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