Monday, June 22, 2015

Schäuble Greece before summit: “We have no substantive proposals … – SPIEGEL ONLINE

To the umpteenth summit on Greece’s future today is evening, probably hardly anyone knows. But it is certain: it will not be the last.

Probably not even the only one this week. This is the latest clear since Wolfgang Schaeuble said on Monday that he still misses reliable offers from Athens. “We have so far received no substantive proposals,” the Finance Minister said in Brussels before the crisis meeting with his colleagues in the euro zone to Greece.

Therefore, could the euro zone finance ministers also the leaders of the euro zone for their peak in the evening “do not provide adequate preparation”, Schäuble said. His Irish counterpart Michael Noonan added that probably a new Euro-group meeting this Thursday will be necessary.

Austrian Finance Minister Hans Jörg Schelling appeared annoyed that they had convened a summit which may not could be capable of making decisions, “because the documents are not there. That could have been done really professional.” The ball lies with Greece. “But today, by 2 clock in the morning to send suggestions, and then expect to make decisions at midday, is very cocky.”

burst, making them the hopes that even in the morning other Brussels had stoked actors after Greece had submitted a new offer at the weekend – albeit a little late, as you can see Schelling’s remarks. EU Monetary Affairs Commissioner Pierre Moscovici as yet told the radio station Europe 1: “We are moving in the right direction.” One of the main staff of EU Commission President Jean-Claude Juncker, his cabinet chief Martin Selmayr, called the recent proposal a good basis. Juncker himself said he did not know if a solution succeed.

succeed until Tuesday of next week, no agreement, Greece is expected to be insolvent. Because by June 30, the government in Athens must settle around 1.5 billion euros to the International Monetary Fund. But the money has not the government of Alexis Tsipras. At the same time Greece can look forward to remaining 7.2 billion euros from the second bailout – should agree with its creditors on reforms

Merkel: “Then the summit will only be a consultation summit”

German Chancellor Angela Merkel (CDU) told the conference the German conditions for a decision. A decision could fall only if the creditor institutions have previously submitted an evaluation of the new reform proposals of Athens, said Merkel in Magdeburg. Admit it will not, “then today’s summit will only be a consultation summit”. The time for it to submit this review before the Tunis meeting, was “very shortly,” added the Chancellor.

The vote of the three institutions – the European Commission, European Central Bank (ECB) and International Monetary Fund (IMF) – to the Greek reform proposals is for the federal government “of great importance,” stressed Merkel. It is “the issue of whether one can decide anything”

The Chancellor said -. Also apparently facing the EU summit on Thursday and Friday – there was this week still “many days to possibly come to “a decision.

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