Impasse. The first meeting of the Eurogroup with the new Greek Finance Minister ended on Thursday at 1am on a dangerous failure
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This is the impasse. This Thursday, the ministers of the eurozone parted at one in the morning without getting any agreement on the future of the aid plan for Greece. After six hours of discussions, the President of the Eurogroup, Jeroen Dijsselbloem, came out saying: “I have no conclusions to share with you, be patient.” Yet for four hours, the ministers worked on a draft press release, which would have simply indicated how to negotiate the future of the current aid to Greece of 172 billion program, which expires on 28 February. “It was my ambition to reach an agreement on the future work to be undertaken during the coming days, before the next scheduled Eurogroup Monday 16 February, but unfortunately we were not successful, so we resume on Monday from there, “said Jeroen Dijsselbloem.
The meeting started off well started. While explaining one voice in Greek Finance Minister, Yanis Varoufakis, accompanied by the Deputy Prime Minister, Ioannis Dragasakis, he could not be of help, but in exchange reform program, the 18 ministers Eurozone put on the table a proposed modest release, to anchor a negotiation procedure. With the hope of bringing Greece to accept Monday an extension of the current aid program in exchange for promises to take into account certain claims of Syriza. For its part, Yanis Varoufakis exposed “his views, his analysis and proposals, both in substance and procedure,” in an atmosphere that he described himself as “constructive and fascinating.” Still, in the opinion of his peers, he did not provide details. The university has delivered a brilliant argument. Ministers face tie, the President of the ECB and the IMF chief who themselves need numbers to act.
“It will be an ordeal”
However, the draft communique allowed to build walk-in the coming days to prepare the new meeting Monday. Yanis Varoufakis seemed to agree. Developed a handful of ministers, including the German Minister Wolfgang Schaeuble, left the meeting to catch their planes. left the negotiating table in order to catch their planes. “Even if there are no discussions on the substance and details of the program, we are satisfied because there was no fracture, and that concrete work can begin with institutions, the European Commission, the ECB and the IMF [former Troika] to prepare for Monday’s trading, “rejoiced and the Luxembourg Minister, Pierre Gramegna. Unfortunately, this will not be the case. In a final twist, the Greek prime minister, Alexis Tsipras, pitched up after a telephone conversation with his ministers, refusing to endorse a statement announcing the launch of technical work to “explore opportunities to expand and conclude successfully the current program while taking into account the plans of the new government. ” The 18 concluded that there was no basis for possible negotiations.
“It is as if the Greeks do not speak the same language,” grumbled a diplomat, “Eurogroup looking for a way to work and move forward, the Greeks are the effects of run but have no encrypted project and refuse any logical compromise. ” “It will be a nightmare,” commented an important negotiator. Yanis Varoufakis stated that the confrontation was a trading method. Europeans see the time and spinning off the road at high speed to get a country that may soon be forced to introduce capital controls in case of crisis of confidence. Today, Alexis Tsipras part in his first European Council in Brussels. The shock is likely to be violent. The Heads of State and Government, who wish to speak especially of Ukraine, warned that a peak was not negotiating forum of the Greek financial problems.
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