Sunday, July 12, 2015

Ws across the EU summit. Greece canceled to give more time to the euro zone – Banker

Announced on Sunday across the EU summit on Greece has been
  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
 Eurozone goal is to reach “agreement on principles”.
           

 

 

On Twitter Tusk reported that Eurozone leaders meeting
 will begin at. 16 and will last until the end of negotiations
 the approval of a new aid program for Greece.

 

“Our intention is to reach agreement in principle” on a new
  support for Greece – said EU official involved in
 preparation of the meeting.


 
 
 
 

He added that the EU summit, which according to the original plans had
 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 for
 open negotiations with third aid program for Athens, or – that
 such a basis does not, “- said the official.” This is a decisive moment “-
 he added.

 

Convening the EU summit on Sunday, Tusk announced this past Tuesday.
 The leaders had on him discuss how the situation threatened
 Greek insolvency may affect other EU countries. Tusk
 He announced that the deadline for Greece passes this week. According to
  EU summit appeal commentators may suggest that there is a chance
  an agreement with Athens and discussion of the consequences of the bankruptcy of Greece
  He may have to wait.
 

On Sunday morning resumed deliberations of finance ministers
 Eurozone countries (Eurogroup) to prepare decisions Sunday
 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 in
 Last week on support from the European Stability Mechanism
 height. 53.5 billion euros over three years and instead proposed reforms, including
 changes in VAT and pension system.

 

On Saturday, some Eurozone countries recognized that the proposals are not Athens
 sufficient. Greece requested that guarantee that the promised action
 They will be implemented. They started agreeing a joint statement
 which oblige Greece to introduce next week
 set of reforms.

 

Athens were to disagree, but the problem with the text of the statement
 It had several other countries, including Finland. Greeks had to agree to
 introduction of reforms regarding deregulation of certain professions, changes in
 VAT taxes, reducing the possibility of early
 retirement, privatization and the introduction of restrictions on monopolies.

 

The next week, following a decision by the Greek parliament.
 again Eurogroup would meet to decide about starting
 negotiations on a new support program.
 

On Saturday, the strongest against the new aid for Greece would protest
  Finland. According to the media in this country forming part of the coalition
 government eurosceptic True Finns party risked breaking the agreement
  coalition for concessions to Greece. Minister of Finance
 Finland Alexander Stubb denied the night from Saturday to Sunday this
 reports.

 
 

Euroland another attempt to reach agreement
 on Greece. From 11:00 in Brussels last meeting of finance ministers
 the euro zone. At 16:00 will be meeting the leaders of countries with shared
 currency.

 

Today, we should like to know whether it is possible to start negotiations with
  Athens on the aid package. If consent is not Greece
 risks insolvency. Before deliberation Ministerial intertwined pessimism
 with optimism.

 

PAP / awi / AKL / province / / IAR / Beata Płomecka, PR Brussels / dj

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