Alexis Tsipras ensures that it will not give of his creditors – Le Figaro

Greek Prime Minister reaffirmed his opposition to certain reforms that the EU and IMF are demanding in exchange for the payment of a new tranche of € 7.2 billion.

Alexis Tsipras blows hot and cold. Friday, Greek Prime Minister stated that progress had been made in the negotiations with the IMF and the European Union for the payment of a tranche of 7.2 billion euros in loans. But the same day, he declared that his country was not ready to give in to all the demands of its creditors and invited them not to bet on a weakening of its determination. “Some may think that the more time passes, the resistance of Greece will be put to the test and the red lines it has set itself will disappear,” he launched at the podium of a symposium organized by The Economist . . “If this is the case, they forget: this is the opposite will happen,” he said

The leader, after the radical left, refuses to renounce social commitments that carried him to victory in January, although his campaign promises are against the reforms demanded by its creditors. Both parties have been successful in reaching agreement on the budget targets and rates of VAT, but could not find common ground on reducing public spending, pension reform and the labor market. Alexis Tsipras has reaffirmed that the balances of civil servants and pensioners would be paid. “It is impossible for the government to backtrack on wages and pensions. The Greeks have suffered enough as this, “he said.

Alexis Tsipras also reaffirmed that an agreement should go through a restructuring of the debt of the country, to which the Union Europe is reluctant, led by Germany.

“We lost a lot of time”

These remarks annoyed the European Commission. In an interview with German newspaper Bild , Vice-President, Valdis Dombrovskis, urged the Greek government to “hang on and compile a list of comprehensive and credible reforms”. He said that “we lost a lot of time. Now, negotiations are underway, but we must still step up a gear. The new aid payments can not take place once that Greece will have completed the next phase of its reform program. “

Greece scraped today drawer bottoms and reserves local authorities and government to honor its debts and avoid default. Finance Minister Yanis Varoufakis acknowledged that the financial margin of his country was now greatly reduced. According to the newspaper Kathimerini , Alexis Tsipras would also attempt a bluff not repay the EUR 750 million that the country had the International Monetary Fund mid-May.

European Citing sources, the paper said that the Prime Minister sent a letter on May 8 in the sense to its creditors. In this letter, Alexis Tsipras said his country is short of domestic liquidity. To restore this cash, it proposed that the European Central Bank raises the issue of government bonds ceiling, it allows a partial payment of loan installments amounting to EUR 7.3 billion, that it accepts the return of 1.9 billion euros of profit made by the ECB through the purchase of Greek bonds since 2010 and it returns 1.2 billion related to the bank recapitalization and held by the Fund European Financial Stability Facility (EFSF). In vain. Greece finally tapped into its reserve position in the IMF to pay off last Monday 750 million.

Despite the climate of mistrust prevailing between Athens and its creditors, Alexis Tsipras intends to put these issues on the agenda of the scheduled EU summit on Thursday and Friday in Riga. “Every day without agreement makes the situation of Greek citizens even more difficult and regarding the financial situation, there is every reason to act quickly”, said the Vice President of the Commission. The next important deadline for Greece will take place on June 5, with a refund of EUR 302.5 million to the IMF.