Saturday, July 11, 2015

Germany plans a temporary exit of Greece from the area … – The Obs

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Germany plans a temporary exit of Greece from the euro zone, with a duration of five years, if the country does not improve its proposals for reforms, said a European source fact discussion, even if the subject was not discussed Saturday at a Eurogroup meeting in Brussels

“There are two alternatives:. an improvement proposals, or ‘ Grexit temporary, “said the source told AFP, citing a German document preparation outstanding but has” not distributed “Saturday at the finance ministers of the euro area.

“This is a paper internal preparation,” said this source, confirming the German daily Frankfurter Allgemeine Sonntagszeitung information (FAZ).

This document was sent to other Member States because the reform proposals advanced by Athens are not sufficient in the eyes of Berlin. “It lacks important reform areas,” have written the German finance ministry, quoted by the FAZ.

Asked in Brussels, the spokesman of the Minister, Wolfgang Schäuble, declined Saturday comment.

This document was not discussed on Saturday in Brussels at the Eurogroup meeting on the fate of Greece, according to several sources close to the discussions.

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