Grexit – Advice on alternative claim postponed – Frankfurter Rundschau

08 July 2015

Alexis Tsipras at the European Parliament in Strasbourg. Photo: REUTERS

The bankrupt threatened Greece shall submit a new auxiliary request during Euro bailout fund ESM, declared the Greek Prime Minister Alexis Tsipras. According to Euro group chief Dijsselbloem’m not debating today on the request. .

The bankrupt threatened Greece has submitted a new application for rescue billion the euro bailout fund ESM. “We have today adopted a Communication to the ESM,” Greek Prime Minister Alexis Tsipras said on Wednesday before the European Parliament in Strasbourg. The aim of a new assistance program should be to distribute the load of the people fairly.

“workers and pensioners can not accept additional loads,” Tsipras said. The previous programs have been used to save the banks. “They did not come to the people,” he said. “With no reform the functioning of the state machinery has been improved.”

Tsipras has been received at the European Parliament with thunderous applause of his followers, but also with protests. Some parliamentarians held signs with the inscription “No” in the air. “We are at a crossroads for Europe”, said the head of the Greek left-right government.

The euro zone finance ministers, however, according to a spokesman of Euro group chief Jeroen Dijsselbloem not discuss the new request by the Greek government on financial aid. Instead, the application to the euro bailout fund ESM from the Euro Working Group should be reviewed. Has received a request of Greece According to a spokesman of the institution.
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Greece has only a few days left to the Euro partners a compromise in the dispute to find about the debt crisis. In particular, the European Central Bank (ECB) massively increases the pressure on the Greek government. If there is no prospect of an agreement in the debt dispute with the creditors, the ECB would have to end the bailouts for the Greek banks immediately, the French central bank governor Christian Noyer warned on Wednesday of the French radio station Europe 1. For months the banks of the heavily indebted country are before all (/ Ela “Emergency Liquidity Assistance”) rely on Ela-emergency loans the central bank.

German Chancellor Angela Merkel (CDU) announced a special summit of all 28 EU member states for Sunday. “The final deadline for this week,” European Council President Donald Tusk had said after a euro zone summit in Brussels on Tuesday.

If even this does not bring any solution is in the Brussels institutions already “Grexit” scenario played out. “Sunday will be one way or another taken a final stroke,” said European Commission President Jean-Claude Juncker.

According to Merkel expect the Euro Partners that Athens by Thursday suggests how accurate a tool of euro bailout fund ESM could look. So far, the conditions for the opening of negotiations on such a rescue program had not been met. French President Francois Hollande said: “France wants Greece remains in the euro zone and is working to achieve that.” A required of Greece renewed debt reject the euro countries so far mainly from

Euro-partners hold Greeks the door for new aids open

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special summit in Brussels: German Chancellor Angela Merkel (left), the Greek Prime Minister Tsipras, European Commission President Juncker and French President Hollande. Photo: Olivier Hoslet

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The European Commission is prepared for all scenarios, according to Juncker: “We have a” Grexit “scenario worked out in detail. We have a scenario in terms of humanitarian aid. And we have a scenario – and that’s my favorite plan – with which we could be the problem Mr and Greece remains in the euro area “Juncker said he was against a withdrawal of Greece from the euro.. However, Athens had for commitments and implement reforms.

Greece in the short term new money on the capital market concerned. As the Greek radio reported, citing the debt agency PDMA on Wednesday, a total of 1.625 billion euros for 26 weeks could be added in the form of short-term government securities. The yield on the auctioned securities was – as with a comparable sales in the previous month -. 2.97 percent

Athens, the money has been borrowed, because it on July 10, two billion euros of debt must refinance. In Greek financial press is expected that the remaining money goes on this Thursday in the state treasury. Because then Athens is expected as usual to auction additional securities under a separate procedure. (Dpa)