Greek debt: Tsipras must convince creditors but also … – Boursorama

Greek debt: Tsipras must convince creditors but also his friends

Greek Prime Minister Alexis Tsipras said Friday that Athens was “closer than ever” to an agreement with its creditors that are the European Union (EU) and International Monetary Fund (IMF). But, and this may seem paradoxical, it called for “withdrawal” of their project “absurd” reforms on the financial future of the country, at an extraordinary session in Parliament to inform parliamentarians about the course of negotiations.

The head of the government, resulting from the radical left Syriza party, has the difficult task of having to reconcile the political line of his people who elected him and demands of creditors. The Greek Parliament must also give its approval if an agreement is reached between the delegation led by Alexis Tsipras and the EU

Tsipras. “An unpleasant surprise” in Brussels

The proposal of the creditors submitted to the Greek leaders Wednesday by the president of the European Commission Jean-Claude Juncker at a meeting in Brussels was “an unpleasant surprise”, said the Prime Minister. This proposal suggests the country after five years of austerity, additional savings of 3 billion euros and budget primary surplus (excluding debt service) higher than those offered by Athens. Many ministers and members criticized Syriza “concessions” of the government in negotiations with creditors.

“We do not only need an agreement with creditors but a final solution for Greece and Europe”, “a solution to the debt sustainability” Greek public, which will end the speculation about Greece exiting the euro, said the prime minister.

VIDEO. Juncker and Tsipras met Wednesday in Brussels

Differences on pensions

The discussions with Brussels stumble notably on pensions. For creditors Greek pension plan must …

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