“I’m ready for fair compromise. We owe it to the Europeans. We can reach an agreement today, if they so wish all parties” – Cipras told reporters in Brussels.
The finance ministers of euro area countries ended on Sunday, approx. h. 16. The meeting on the new aid program for Greece. “There is progress” – said Finnish Minister Alexander Stubb.
Everything indicates however that the Eurogroup does not It gave the green light to start negotiations on the new program of support for Athens. The decision in this regard the ministers handed over the leaders of euro zone countries, who gather on Sunday afternoon in Brussels.
There will be no agreement on a new aid program for Greece at all costs – said on Sunday in Brussels, German Chancellor Angela Merkel. She added that the negotiations at the summit of the euro area will be very difficult.
“It appears that we do not receive Today the Eurogroup (the finance ministers PAP) unambiguous document, which recommends to negotiate “with Greece – said Merkel before the summit began eurozone. “This is not surprising, because the situation is extremely difficult,” – she added.
“lost the most important currency which is trust, “- she pointed out. “Therefore, we have today a tough call and will not be an agreement at any price” – she added. According to Merkel, the need to ensure that the benefits of the agreement on. Greece will outweigh its disadvantages.
President Francois Hollande declared before the start of Sunday’s Eurozone summit on Greece, there is no such thing as a temporary exit from the euro zone. Such proposals – according to unofficial information – were required to give Germany.
“Grexit would mean that Europe moves back. I do not want this “- said Hollande. He declared that France will do everything to Greece remaining in the euro zone, but warned that to happen they must be certain conditions are met. He stressed that Athens must quickly complete the necessary reforms.
The head of the European Commission, Jean-Claude Juncker said, in turn, that “will fight to the last fraction of a second to reach agreement” with Greece. “I hope that we will have an agreement,” – he said.
One of the options that were included in the position of the German Ministry of Finance, prepared for a meeting of the eurogroup, assumed by Greece to leave the eurozone at least five years, and restructure debt. Sources close to the meeting of finance ministers of the euro area countries reported that they had but it was not officially presented and discussed.
Announced on Sunday across the EU summit on Greece was canceled, however, will bring together leaders of the 19 euro zone countries – said the head of the European Council, Donald Tusk. According to EU sources for the eurozone is to achieve “agreement on principles”.
On Twitter Tusk reported that Eurozone leaders meeting will begin at. 16 and will last until the end of negotiations on the agreement of a new aid program for Greece.
“The intention is to the achievement of an agreement in principle “on a new support for Greece – said EU official involved in the preparation of the meeting.
He added that the EU summit, which according to the original plans was to begin in the chair. 18, just after the eurozone summit, was canceled to give leaders “nineteen” more time for difficult conversations. “There are two possible scenarios: either we recognize that there is a basis to start negotiations with a third aid program for Athens, or – that such a basis there is no” – said the official. “This is a decisive moment” – he added.
Convocation of the EU summit on Sunday, Tusk announced this past Tuesday. The leaders had on him discuss how the situation threatened insolvency of Greece may affect other EU countries. Tusk announced that the deadline for Greece passes this week. According to commentators, the appeal of the EU summit may suggest that there is a chance for agreement with Athens and discussion of the consequences of the bankruptcy of Greece may have to wait.
On Sunday morning resumed deliberations of finance ministers of the eurozone (Eurogroup) to prepare the decisions of Sunday’s summit. On Saturday, they failed to reach a consensus.
The ministers have to decide whether to give the green light to start negotiations on a new aid program for Greece. Athens turned up in the past week on support from the European Stability Mechanism in height. 53.5 billion euros over three years, instead proposing reforms, including changes in VAT and pension system.
On Saturday, some Eurozone countries recognized that the proposals are not sufficient Athens. Greece requested that guarantee that the promised measures will be implemented. Started agreeing a joint statement, in which Greece would commit to putting in place next week set of reforms.
Athens They have to disagree, but the problem with the text of the declaration had several other countries, including Finland. Greeks had to agree on reforms relating to the deregulation of certain professions, changes in taxes VAT, reducing the possibility of early retirement, privatization and the introduction of restrictions on monopolies.
The next week, following a decision by the Greek parliament would meet again Eurogroup to decide to launch negotiations on a new support program.
On Saturday, the strongest against the new aid for Greece was to protest Finland. According to the media in this country forming part of the coalition government eurosceptic True Finns party threatened to break the coalition agreement for concessions to Greece. Finance Minister of Finland Alexander Stubb denied the night from Saturday to Sunday these reports.
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