Breaking news from latest Greek debt talks, Greek Prime Minister Alexis Tsipras says the creditor institutions in charge of Greece's bailout haven't accepted the proposals Athens put forward on Monday that had been seen as a big step toward a deal. It's not good news for the bright future of European Union, on Wednesday's meeting of eurozone finance ministers (the Eurogroup) was the first that analysts and participants have seemed confident about in several months. it can be decline for nothing
Athens governor reported some of Tsipras' supporters in the Syriza government party that propelled him to power have to critical thinking about the proposal, suggesting that it gave far too much away.
Alexis Tsipras The Greek prime minister is in Brussels at the sidelines of the Eurogroup meeting to see the heads of the Troika: the European Commission, the European Central Bank (ECB), and the International Monetary Fund (IMF). Those meetings are still going ahead, but the atmosphere has soured. Would be deadlock or close to deal?
Greek prime minister Tsipras' via Twitter said the IMF was standing in the way of a deal, suggesting that it either did not want an agreement or was serving "special interests."
Greek Finance Minister spokesman called the IMF's change of heart "shock doctrine" on Twitter. Turn around decision, European debt crisis is on going, Athens is trying to unlock a €7.2 billion ($8.2 billion, £5.16 billion) bailout tranche to make debt repayments on June 30 to the IMF and on July 20 to the ECB.
Here's some short words, Peter Spiegel told Financial Times, explaining the importance of getting a deal immediately:
Without a deal by tonight which would then be endorsed at an EU summit on Thursday, eurozone officials worry there will not be enough time for national parliaments to approve an extension of Greece's current programme before it expires on Tuesday. Without an extension, the remaining €3.6bn in the EU's portion of the bailout would disappear and Athens would likely default on a €1.5bn loan repayment due to the IMF on Tuesday. Then finally Athens stocks slumped as the news broke
Athens governor reported some of Tsipras' supporters in the Syriza government party that propelled him to power have to critical thinking about the proposal, suggesting that it gave far too much away.
Alexis Tsipras The Greek prime minister is in Brussels at the sidelines of the Eurogroup meeting to see the heads of the Troika: the European Commission, the European Central Bank (ECB), and the International Monetary Fund (IMF). Those meetings are still going ahead, but the atmosphere has soured. Would be deadlock or close to deal?
Greek prime minister Tsipras' via Twitter said the IMF was standing in the way of a deal, suggesting that it either did not want an agreement or was serving "special interests."
Greek Finance Minister spokesman called the IMF's change of heart "shock doctrine" on Twitter. Turn around decision, European debt crisis is on going, Athens is trying to unlock a €7.2 billion ($8.2 billion, £5.16 billion) bailout tranche to make debt repayments on June 30 to the IMF and on July 20 to the ECB.
Here's some short words, Peter Spiegel told Financial Times, explaining the importance of getting a deal immediately:
Without a deal by tonight which would then be endorsed at an EU summit on Thursday, eurozone officials worry there will not be enough time for national parliaments to approve an extension of Greece's current programme before it expires on Tuesday. Without an extension, the remaining €3.6bn in the EU's portion of the bailout would disappear and Athens would likely default on a €1.5bn loan repayment due to the IMF on Tuesday. Then finally Athens stocks slumped as the news broke
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