The German chancellor, Angela
Merkel, summoned yesterday a mini summit it secretes of emergency in Berlin to
try to settle the negotiations on the rescue of Greece. The chancellor wants to
close the Greek crisis before next week. Almost to the unison The Greek
minister of Work, Cloths Skurletis, this in favor Tuesday it is shown of
summoning premature elections if you doesn't reach an agreement (honest) and
that he looks to the progress with the creditors. Incredible the effrontery or
the unconsciousness of Greece and their government, in few words accuse their
creditors (All us) of immodest and of traitors more or less when not looking
for the progress of Greece
And he says this way it
without blushing when the troika takes more than four months attempting
solutions to save the Greek economy and its politics, but it is clear as I have
already repeated so many times that Greece cannot save the two things, without
sacrificing Syriza, that is to say its last politics. And it is logical the
economic situation in which is not possible to save her with the political
ideas of Syriza, so the current rulers will sacrifice the economy that imposes
them the UE and the IMF and the BCE, for the socialist politics.
In the meeting taken place to
instances of Merkel they participated the French president François Hollande, and
as well as the leaders of the calls "institutions", the directress
manager of the International Monetary Fund, Christine Lagarde; of the European
Commission, Jean-Claude Juncker, as well as of the European Central Bank, Mario
Draghi. Although officially so alone one has spoken that the parts agreed that
it should be continued working "with intensity" to reach an
agreement, the local and international means speak that an agreement draft was
studied that would be presented to Greece now. As a last possibility that is to
say will threaten the Greek government to that he takes it or he leaves
it.
The Greek Government insists
in that he has made all the commitments that he could make and he doesn't have
margin to make more concessions". Greece has to make front this month to
multiple payments: near 1.600 million Eurus to the International Monetary Fund
(IMF), besides the 2.800 million Eurus of expense current for wages, pensions
and social security. Next Friday he already thinks about the first payment of
300 million Eurus to the IMF, money that, as some minister advanced last week,
it is available.
But it is not reliable because
for other declarations it is left alone Greece very undoubtedly he will make
the payment of 300 million Eurus to the International Monetary Fund foreseen
for Friday, if it reaches an agreement before with their creditors, The payment
of June 5 is the first of four for this month that they add 1.600 million
Eurus. Athens that depends on the foreign help to continue to it floats, he has
said that it could not be able to pay to the IMF without their creditors' new
loans.
It is evident that we are in
this idiot's poker departure final prances in that each player knows the
letters of the other and alone they are sat down in the table waiting to see
who gets tired first. Mario Draghi, president of the BCE and Christine Lagarde,
traveled yesterday to Berlin (Germany) to participate in the departure with the
German chancellor, Angela Merkel, the French president, François Hollande and
the president of the European Commission, Jean Claude Juncker. The objective of
the encounter according to the agency of news Bloomberg, is to sum up an
agreement offer for the first Greek minister, Alexis Tsipras whose will be able
to analyze in next days. The German press went something further on and it
assured that it would be a definitive offer, with all its consequences.
Greece and the institutions of
the troika (European Commission, IMF and European Central Bank) they take four
months trying to negotiate a plan of reformations that, once validated by the
Euro group, allow to pay 7.200 million Eurus to Athens and to soften the
politics of financing of the BCE with the Greek banking. Athens needs that
money to avoid an unpaid sovereign that could take place in next weeks. Or
days.
A default would give an
argument of weight to the BCE to cut the faucet of emergency liquidity to the
Greek banking, what would force a financial “corralito” in the country and it
would meet the Government to debate the emission of a parallel foreign currency
to pay wages and pensions. The vicinity of an expiration of 300 million Eurus
with the IMF, next Friday. The possibility that Greece decides to postpone the
payment up to June 19, they have revived the tension. Although Athens would
rot, legally, to contain all the payments and to pay 1.600 million Eurus then,
in summary a trap after another Greece is not winning time he is making that
the UE and the world economy lose it and this should not be consented
The negotiations have arrived
to a point in which the noise floods everything and in the one that both parts
send contradictory messages. The predictions that an agreement is imminent they
intermingle with the speculations on a potential exit of Greece of the unique
currency. And amid this perpetual disagreement all the European economies are
stopped waiting to see what it happens. Just yesterday, the Italian minister of
Finances, was shown thrilled in reaching an agreement "soon", but he also
mentioned that "Grexit is a possibility". Last week it was the own Laggard
the one that assured that the exit of Greece of the euro was "a
potential."
The reality is that Greece has
to return about 1.600 million to the International Monetary Fund (IMF) until
month end in four quotas, the first one of which conquers June 5, when it
should confront a payment of 300 million to the institution. From the Hellenic
Ministry of Finances explains that one thinks of not to pay that first quota
and to carry out the payment of the 1.600 millions in his entirety June 19.
Also, there is another mission if it fits more complicated for Athens than it
is to return 3.500 million to the BCE, and in total 8.500 million until final
of August.
It belongs to idiots to think
of an arrangement Greece neither he goes back neither it overcame their economy
like to make in front of these payments and it would be suicidal that on the
part of the troika he is enlarged or he is offered a rescue amplification
because it would be really to throw the money and we must realize that that
money that is thrown, is mine and that of you appreciated readers
After four months in those
that Tsipras has not given its arm to twist, mainly in pensions and labor
market, and in those that has avoided to put some of the concessions in writing
in carried out theory, in privatizations and something less in the reformation
of the IVA, the Greek leader seems to have crawled definitively to the UE and
the IMF to the land that he wanted. This is, to a political negotiation to the
highest level and life or death if Tsipras wins it is better that we begin all
to request the breakup of the UE of the BCE and of the IMF and that Greece
governs us…. Absurd since truth that I say.
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