———————————-
17h5 0 François Hollande meet Monday morning at 9 am restricted Council on the situation of Greece, announced the Elysee . The restricted Council, which should contribute notably Manuel Valls, Laurent Fabius and Michel Sapin, is programmed as the ECB decided to maintain the current level of emergency lending to Greek banks, leaving the door open to a political solution of the problem between Athens and its creditors.
——————————– –
5:30 p.m. The IMF says “ready to provide” assistance . The IMF will monitor closely the evolution of the situation in Greece and “neighboring countries”, and it stands ready to provide “assistance” in case of necessity, said its executive director Christine Lagarde on Sunday.
“The coming days will be important (…) The IMF will (…) continue to monitor the situation in Greece and neighboring countries and stands ready to provide assistance in if necessary, “said the ruling, saying otherwise” disappointed “by the failure of discussions between Athens and its creditors.
——— ————————-
3:10 p.m. Berlin recommended that Germans making Greece “provide enough cash” . Berlin also invited the Germans bound for Greece, one of their favorite holiday destinations, to “keep informed on developments via the travel recommendations of the ministry and the media.”
2:42 p.m. German Chancellor Angela Merkel has invited the leaders of major political parties in the country to a emergency meeting on Greek debt on Monday in Berlin , a-t- we learned Sunday authorized source.
The leaders and presidents of the parliamentary groups of all parties represented in the Bundestag are invited, including the Greens and the Left Party Left Party.
———————————-
2:35 p.m. The president of the Central Bank of Greece, Yannis Stournaras, promised Sunday everything to “ensure financial stability” of his country and prevent the rout of the Greek economy , a statement of the European Central Bank.
“The Bank Greece, as a member of the Eurosystem, will take all necessary measures to ensure the financial stability of Greek citizens in these difficult circumstances, “said Mr. Stournaras, said in the statement from the ECB, issued after a meeting of the board of the institution’s governors.
Read also
& gt; ANALYSIS – Greece: the gamble too Alexis Tsipras
– ——————————–
14.30 Bank European Central (ECB) announced that it maintained at the current level emergency lending to Greek banks , de facto leaving the door open for a political solution to avoid the defeat of the Greek economy and the ” Grexit “.
” In light of current circumstances, the Governing Council decided to maintain the ceiling providing emergency liquidity to Greek banks at Friday decided “according to a statement. The council “considers carefully the situation and its potential implications for monetary policy,” the statement
.
———————————-
2:30 p.m. The Greek Finance Minister Yanis Varoufakis told the BBC he will consider Sunday with the European Central Bank which may be used for “minimize the burden” in Greece.
Minister, speaking shortly before a meeting of the Board of Hellenic systemic stability, refused to explicitly answer the question whether the Greek banks were open Monday and if capital controls had become inevitable.
“This is something we need to discuss with the competent authorities in Greece and here in Frankfurt (…) Let me as Minister of Finance, to see with the Greek and European central banks that can be implemented to minimize the burden imposed on our people by the refusal by Europe of our most basic democratic rights “a- he said.
Evoking “dark days for Europe”, he felt that a monetary union “that can not guarantee the proper functioning of banks, especially on the pretext that the Greek people had the audacity to demand a say in its own future, is a fundamental denial of the very principle of a monetary union, particularly between democratic states. “
” Both as a politician and as a European citizen, I find it shocking the mere fact of such discussions in the context of a monetary union, “he insisted.
———————————-
2:29 p.m. Yanis Varoufakis says he never said that the Greek government was preparing to introduce capital control measures . The Greek Government considers that control measures are not consistent with a monetary union.
———————————-
2 p.m. The Ministry of Finance said that the FSB the country would meet at 1300 GMT. This council is composed of the Minister of Finance, Deputy Finance Minister Dimitris Mardas, the governor of the central bank Yiannis Stournaras, President of the Association of Greek banks, the chairman of HFSF, the emergency fund for banks and the President of the Capital Market Commission.
————————— ——-
1:42 p.m. news agencies announced that the Greek government will consider on Sunday the establishment of measures control Capital and Monday closed country banks , based on what the Minister of Finance Yanis Varoufakis the BBC.
In an interview with British radio, he said that Athens will consider both measures in the night from Sunday to Monday, said an official on Twitter BBC
. – ———————————
Yanis 1:20 p.m. Varoufakis calls for Chancellor Angela Merkel , saying in an interview with German tabloid Bild that “holds the key” to resolve the current crisis.
“Chiefs Government of the European Union must act. And among them (Merkel) holds as a representative of the largest countries the key, I hope she will use it, “said the Greek Minister, adding that his government was” open to new proposals institutions “after the failure of negotiations in Brussels on Saturday.
————————– ——–
24:31 A Greek exit from the euro area will only be possible if Athens asks first to leave the European Union and other countries agree, said Sunday the Austrian finance minister, Johann Georg Schelling.
The finance ministers of the Eurozone have them, refused to extend bailout program which expires Tuesday, the day when Greece, short of cash, must repay 1.6 billion euros to the International Monetary Fund.
“Clearly, whatever the circumstances, no country can blackmail the European Commission and other countries of the euro zone, “said the minister Die Presse newspaper.
—- ——————————
11:45 The chief economist of the Organization for Security and Co-operation in Europe (OECD), Catherine Mann, said Sunday in an interview with Italian daily La Stampa that the markets were not “ready” to an output Greece in the euro area .
For Mrs Mann, interviewed by the newspaper on the sidelines of a convention of the Knights of the Order of Labour in Milan (north) , “it is important that the situation is a solution.”
“The recovery is still fragile in Europe and as such it is dependent on any risky situation. To consolidate, we must remove any uncertainty, “she says.
——————– ————–
10:55 Manuel Valls, estimated that the European Central Bank (ECB) could “not cut funding” the Greeks.
“The European Central Bank is independent, but (…) I do not think she can cut funding (to the Greeks, Ed) (.. .). It is the Greek people who suffer. Do not Let’s add on the Greek people. If it must be, and that is the ECB independently to take responsibility, financial support in the coming days, it is undoubtedly necessary “
———————————-
10:50 Prime Minister Manuel Valls said Sunday that the French economy “would not be affected” by a Greek exit from the euro area .
“A Greek exit would be serious for the Greek people, but the French economy would however not affected,” said the head of government when issuing Le Grand Rendez-Vous (Europe 1, iTELE, Le Monde). “But I do not want myself to this scenario, we must do everything so that Greece” remains in the euro.
———– ———————–
7:05 The main parties of the Greek opposition have spoken out against the initiative Tsipras they consider dangerous for the future of Greece.
As he had done yesterday in his first reaction to the announcement of a referendum, Antonis Samaras, leader of the right New Democracy party and Tsipras predecessor as Prime Minister, reiterated during the debate that this referendum would result in an output of Greece from the euro area.
“In this referendum, it is not really on the agreement we will decide about is maintaining our Countries in the euro area, “he said.
———————— ———-
2:10 The Greek Parliament approved no surprise in the night from Saturday to Sunday held July 5 next of a referendum for or against the proposed reforms demanded by creditors of Athens in return for the release of new cash.
The project submitted by the government to ratification by 300 MPs the Vouli garnered 178 votes against 120, according to the count of the vote live, shortly before 3:00 am (00:00 GMT).
In the discussion that took place beforehand Prime Minister Alexis Tsipras was confident of victory “resounding” non who has said he will strengthen his country in negotiations with “institutions” (European Commission, European Central Bank and IMF International.)
Source Reuters
No comments:
Post a Comment