Wednesday, May 27, 2015

Schäuble surprised “progress”: Grexit is “geopolitical risk” – NEWS


 Thursday, May 28, 2015


 Prime Minister Tsipras sees his country in debt dispute before an agreement with the international lenders. German Finance Minister Schäuble surprised that: “Accurate you do not know.” But seems certain: The problem is a global Athens


agreement in the debt dispute? Federal Finance Minister Wolfgang Schäuble (CDU) has contradicted statements from Greece, the negotiations with the lenders the country were close to a conclusion. The negotiations had progressed not much, he said the ARD. “Accurate you do not”, Schäuble said on the question of the financial situation of the country.

Let us hear from Greece always positive news. “However, in the case the negotiations between the three institutions and the Greek Government have not come much further,” said Schäuble. “That’s why I’m always a little surprised that is always said from Athens so we were close to an agreement.” Greek Prime Minister Alexis Tsipras had previously indicated the assessment, Greece was close to an agreement with its international donors.

“Geopolitical Risk”?

Schäuble defended the actions of the donors and again against criticism , “What we do, complies with International Standard and the international experience,” he said. The International Monetary Fund (IMF), with which one together work closely, have “more experience than anyone else how to countries that have long lived beyond their means, again so restructured that they get to his feet”.

Meanwhile treat Schäuble and the finance ministers and central bank governors of the seven most industrialized countries (G7) a possible withdrawal of Greece from the euro area no longer only as an economic, but with the situation in Ukraine as a geopolitical risk. A top German official said after beginning deliberations of the G7: “On the last lap it was about geopolitical issues – to the Ukraine and – in short – also Greece.”

Read more about

In the East of Ukraine for months raging a civil war between pro-Russian separatists, Ukrainian government forces and militias. Observers believe that the separatists from Russia are supported, who want to prevent a stronger integration with the West Ukraine.

Greece, runs its dispute with its European and international creditors for months without any tangible result, looking for some Time demonstratively proximity of Russia. Russia is excluded from the deliberations of the leading industrial nations since the annexation of the Crimea in 2014. Previously, it had taken since 1998, which the panel had become the G8.



No comments:

Post a Comment