Greece its creditors have agreed on the outline of a third rescue package. On Friday, the euro zone finance ministers discussed the conditions for the much-needed money. The Greeks thriller Ticker.
- Third rescue package on the way.
- Negotiations on details run.
- Berlin considers the agreement as insufficient.
The facts: The Greek parliament adopted the comprehensive package of reforms to which the EU assistance is made. However, Prime Minister Tsipras took the voices of opposition. He is now considering to make the vote of confidence. The situation in the Greek parliament was partially messy. The leader of the left wing of Syriza Party Panagiotis Lafazakis wants to start its own motion, the Communists want to emerge even from the EU
Schäuble. “We will look carefully”
15.00 Clock: Finance Minister Wolfgang Schaeuble said a few minutes ago in Brussels. “I am quite confident that we will now come to a conclusion” The preparations were “well advanced.” Schäuble stressed: “We will look carefully how the decisions were implemented out of the euro summit.” Also he was curious to see how Greece would implement the program. Finally, a question of confidence in the room. Above all, it is now important that the involved International Monetary Fund (IMF) on the third aid package meet
Finance in Brussels
14.20 clock. The CFO of the euro zone meeting in Brussels. From 15 clock to advise on the third aid program for Greece. The French Finance Minister Michel Sapin told journalists: “I am very pleased Greece has done exactly what Europe wanted..” Also the Finnish Finance Minister expressed confidence. On Twitter Alexander Stubb wrote: “I feel an optimistic atmosphere in the city.”
EU plans six billion euro bridge loan for Greece
11.22 Clock: The EU Commission is planning another bridge financing over six billion euros for Greece, if not agree the euro zone finance ministers on the agreed between donors and Athens third bailout today. The report, the “Bild” newspaper and the Greek newspaper “Kathimerini”, citing the template of the EU Commission for the present session of the Euro group.
After the bridge loan will include 6.04 billion euros run and a maximum of three months. Of Greece needs 4.37 billion euros in order to pay debts to the European Central Bank and the IMF. The rest are guarantees for non-euro countries. They should be protected against potential losses from the loan, which comes from the EU bailout fund EFSM. On him all 28 EU countries are involved.
Third Austerity: Time is running out
11.04 Clock: After the vote in the Greek parliament, it is now in Brussels. The CFO of the euro zone advise from 15 clock on the third aid package. Next week then advises the Bundestag. Time is running out, not later than August 20, Greece needs 3.4 billion euros to the European Central Bank (ECB) to repay
Molotov cocktail on t-shirt. Syriza MPs ensures scandal
10.42 Clock: uproar in the Greek Parliament: With her shirt Syriza MPs Ioanna Gaitani made during the vote on the austerity and reform package stir. On Gaitanis T-Shirt woman could be seen, the lights a cigarette with a Molotov cocktail. In addition, the Circle-A was seen it. It is the most recognized symbol of anarchism. The characters forming a big “A” in a circle from
.
confidence for government: Tsipras loses absolute majority
09.14 Clock: The Greek government is considering to put the question of confidence. The reports of the television station ERT and relies on government sources. However, the House is scheduled to vote only on August 20 about it. 222 MPs have agreed to the austerity and reform templates. For Alexis Tsipras, the result is a setback. With 47 deviants he no longer holds a majority in parliament. For this scenario, the Premier has recently announced new elections. Among the dissenters in his party and ex-Finance Minister Yannis Varoufakis and Parliament President Zoe Konstantopoulou.
Now we are for most MPs probably the long weekend, August 15th is a high holiday in Greece. Only Finance Tzakalotos must continue to Brussels. There, the euro zone finance ministers want to decide on the third aid package for Greece today.
parliament in Athens agrees bailout with austerity measures to
09.03 clock : The Parliament in Athens approved the new aid program with the associated austerity measures on Friday morning. Even before the end of the roll-call vote more than the minimum necessary 151 of 300 MPs had “yes” voted in Parliament , like the Greek television reported. Latest 222 “yes”, 63 “no” and eleven abstentions – called in Greece “Present”
. “Yes” votes not predominate, four dissenters
08.52 Clock: Until now comes the “Yes” to 140 and the ‘no’ on 43 votes. Five MPs abstained her voice. From the Syriza Group so far have 24 MPs voted “no”. Aglaia Kiritsi, Giani Varoufakis, Dimitris Stratoulis, the Parliament President Zoe Konstantopoulou and other
Varoufakis says “No”
08.47 Clock: Ex-Finance Minister Giani Varoufakis voted in the vote on austerity and reform package with “No”. For the first time, he is openly against Prime Minister Alexis Tsipras. Although he had already announced at the last vote ‘no’ vote, but changed his mind and support the government. This time, he remains true to his line – perhaps with a view to possibly pending new elections in September. Finally, he announced to want an “Alliance for Europe” forge
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