Negotiations withthe IMF and the EU Greeceapparently divided over Greek reform plans
For the third time in a week today advised the euro zone finance ministers on Greek austerity plans. The Greek proposals columns according to media reports the donors. The IMF is therefore less resilience against Tsipras.
06/24/2015
After months of stalemate, the euro zone finance ministers want some evening on an austerity and reform package for Greece today. The 19 department heads of the euro countries are meeting in Brussels to "to finalize the details of the Greek reform plan," it said in the announcement. A compromise should enable the further financial support of Greece, provided that the Greek Government appeals sufficient demanded reforms.
The proposals of Greece will be evaluated by the donors apparently still different. The IMF raises according to a report of before "Süddeutsche Zeitung" the EU, it is too soft on Greece. In addition, the IMF was upset that the Commission is pressing ahead with a positive evaluation of proposals, reports the "Handelsblatt". Germany's Finance Minister Wolfgang Schaeuble had already criticized at the summit on Monday .
© DPA
Greece Economy Minister George Stathakis
According to the Greek Economy Minister George Stathakis only a few subjects are open in the discussions with the funders. "There are two or three very specific issues," he said on Wednesday the television station Mega TV. "Three out of 50 measures of which we have become united." So among the sticking points is a long-term debt relief and exemptions from VAT for the Greek islands.
Even Greek Prime Minister Alexis Tsipras traveled already surprisingly back to Brussels. According to government sources in Athens he will meet there again with European Commission President Jean-Claude Juncker. At the new discussions on the Greek bailout on sidelines of a meeting of euro zone finance ministers to the President of the European Central Bank (ECB), Mario Draghi, and the head of the International Monetary Fund (IMF), Christine Lagarde, to participate.
© REUTERSGreek Prime Minister Alexis Tsipras
Succeeds today a breakthrough, an agreement could be approved on Thursday by the leaders of the monetary union at the regular EU summit. The talks fail, until the expiry of the Greek aid program in late June barely time to save the country from bankruptcy still remains.
Union delegates include timely coordination of the Bundestag to Greece now from
Before further aid for Greece, however, have to agree, including the Greek and the German even several parliaments. Several Members of the left wing of the Greek government party Syriza declared already that they do not agree to the new wollen.Teile austerity program of the opposition could, however, vote in favor of the measures. Perhaps the vote will take place this weekend.
In Germany hold several Union politicians now impossible, in time to adopt an extension of the current aid package. "The fact that we decide something on Monday or Tuesday, I do not consider feasible," the CDU financial expert Olav Gutting said the "Bild" newspaper. "We have on several occasions pointed out that we are not prepared to decide on something within the shortest possible time", Gutting added.
The CSU chairman of the Finance Committee, Hans Michelbach criticized in the "image", the Greek government had left in the negotiations with the creditors too much time. "In order to flow any more money," Michelbach said. The Chairman of the EU Affairs Committee in the Bundestag, Gunther Krichbaum (CDU), does not expect a timely Bundestag vote on an extension of the second auxiliary program.
Conditions for voting
The Deputy Union faction leader Michael Fuchs (CDU) tied a possible vote on the extension to multiple reports. In Berlin would have four documents are available, Fuchs said. Necessary be a decent application for extension of Greece and an agreement between Greece and the three creditor institutions on the implementation of the required Reformen.Fuchs also requested a document that proves the debt sustainability of Greece. Necessary was finally "a formal confirmation of Greece, that it paid its debt to the IMF as of June 30".
On this day, Greece will have to repay the IMF, not only € 1.5 billion, also the second auxiliary program expires. Athens for months already negotiating with his creditors on payment of outstanding funds of this second program in the amount of 7.2 billion euros.
EU Parliament President Martin Schulz (SPD) is meanwhile confident that there will be an agreement. However, the disbursement of the remaining relief funds is only a precondition for further steps, "so that Greece comes economically back on its feet," said Schulz. "Necessary for this are investments," he stressed. An important part of it could be financed from the investment package, to have agreed the European Parliament and the EU Commission.
More on the subject
- Greece's debt crisis: Athens economists criticize compromise with Tsipras
- Alexis Tsipras fails now to his party?
- Economists warn of "rotten compromise" with Greece
In Athens were demonstrating in the evening again, several thousand members and sympathizers of the Communist Party (KKE) against the tough austerity measures.
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