Monday, February 2, 2015

Athens, strong support Obama wants time to manage its debt – L’Observateur

Athens, strong support Obama wants time to manage its debt – L'Observateur

London (AFP) – Greek Finance Minister Yanis Varoufakis is expected Monday in London as part of a European tour to get a reprieve to manage its staggering debt, the unexpected strong support of US President Barack Obama <. / p>

“We can not continue to squeeze the countries that are in a deep depression,” he said Sunday as US President on CNN about the crisis in Greece.

While recognizing that the country had “dire need” for reform, Obama felt it was “very difficult to initiate these changes if people’s standard of living fell by 25%. In the long run, the political system The company can not stand it. “

” At some point, we need a growth strategy to repay its debts, “said he argued.

The British Minister of Finance George Osborne has meanwhile Monday congratulated for having “opportunity, so soon after the Greek election, to chat face to face with Yanis Varoufakis the stability of the European economy and how to stimulate growth “

-. ‘new deal for Greece’ –

Sunday in Paris first leg of his European tour, he took the view that Varoufakis “it would be reasonable to expect to have a new deal for Greece and all nations (EU) by the end of May”, after a meeting with his French counterpart, Michel Sapin.

“By then we will not ask for new loans” to creditors of Greece, he said, while the whole of Europe scrutinize carefully the first steps of the new government Greek, from the radical left Syriza training and voted on 25 January.

“We desperately need the money” but “for five years, Greece has lived in expectation of the next loan tranche, like a drug addict, “said he was seeking” in agreement with the European Central Bank, the necessary funds, as has been done so many times in the past, not only for Greece. “

After London, the Minister will travel Tuesday in Rome, and later on a date for the unknown time in Germany.

Alexis Tsipras, the head of the new government formed anti-austerity Syriza party, has meanwhile arrived Monday in Cyprus, the neighboring Mediterranean island that has been, too, an international aid plan in exchange for draconian austerity measures to save bankruptcy. It must participate in a joint press conference with Cypriot President Nicos Anastasiades to 9:45 GMT

-. Berlin, ‘of course’ –

The markets are wondering how long Greece , at bay, may take financially.

Mr. Varoufakis asked that Europe gives him “some time” to explain the government’s position to the various partners of Athens, wishing to have “until the end of this month (February) to put on the table our proposals Detailed “.

” After, within a month, maybe six weeks, we could reach a deal, “he said at a press conference in Paris .

Mr. Fir assured that “France will accompany, assist, will always be there to found a channel, a solution that allows everyone to overcome its difficulties,” adding that it was in Athens that the coming days are “the most possible. “

quiet

Syriza has just taken the handles of a country struggling under a debt of over 300 billion euros (nearly 175% of GDP). Many countries, including powerful Germany, are wary of proposals

-. Rome and Paris to Athens –

On Saturday, German Chancellor Angela Merkel rejected any idea erase outright debt, largely owned by European countries, starting with Germany (€ 40 billion) and France (31 billion).

Mr. Varoufakis has not detailed the Greek positions, who want an “agreement that challenges the flat position, and that ties our repayments to growth” Greek.

The Minister assured that he would “much safe “in Germany, to discuss with his counterpart Wolfgang Schaeuble in Berlin and the European Central Bank (ECB) in Frankfurt, without specific dates.

For his part Mr. Tsipras will go after Cyprus Tuesday in Rome and in Paris on Wednesday. – after passing through Brussels to meet the EU executive

These two great capitals, run by leftist governments, militate against the austerity policies in Europe, and appear as allies of Athens.

Mr. Fir and Varoufakis largely reiterated that instead of Greece was in the euro, spreading an output of the countries in the single currency.

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