The Greek government hopes to soon arrive at a compromise with its creditors but did not intend to bow to what might be “irrational demands” of Europe.
“We did what we had to do, it is now the turn of Europe” , launched the Greek Prime Minister Alexis Tsipras before the central committee of the radical left Syriza party, Saturday, May 23
The head of government, ensuring that his country is in “The final stretch of a painful and difficult period” , emphasized that “the majority of Greeks demand a workable solution, not just an agreement” . Alexis Tsipras accused “some representatives of creditors” to take advantage of asphyxiation liquidity plaguing Greece to overthrow the agreement of 20 February, which allowed Athens to obtain an extension of four months of its financial assistance program
Read also:. Athens deal with its creditors: the beginnings of a compromise or the crisis
Thus, Greek Government does “not respond to irrational demands” and highlight the “lines not to cross” , promised Prime Minister:
“We will not discuss a major deregulation of the wage system. We will not accept a further reduction of pensions. “
The government of Alexis Tsipras is negotiating to obtain aid funds blocked by its international creditors – the European Union, the European Central Bank and International Monetary Fund – have bailed . Greece twice, to the tune of EUR 240 billion
An agreement is urgent because Greece has almost no money: it survives from August 2014 until the creditors pay him this tranche of loans of 7.2 billion euros. The Europeans and the IMF are demanding in return for their support of reforms, particularly in the labor market, which will radically against the grain of the election promises of the government of Alexis Tsipras.
After a meeting with Prime Greek minister Friday in Riga, Francois Hollande and Angela Merkel recalled that the Greeks were to continue their work with creditors, German Chancellor insisting that “much remains to be done” and ” we have to work very, very intensively “
Read also:. Towards an agreement between Athens and its creditors before the end of May?
On Saturday, the French finance minister Michel Sapin said that her exit from the euro zone would be “a disaster for Greece” and “a problem the euro area “. He advocated a “rapid agreement” between Greece and its creditors, which should “concluded the previous program, but also prepare for the next, because Greece will remain in any case a fragile country” .
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