BRUSSELS (Reuters) – Francois Hollande on Monday welcomed the agreement reached with Greece on a new rescue plan, thereby preserving the integrity and credibility of the euro area but also demonstrates the need to the further strengthening.
The president said in Brussels that the primary objective of the negotiations had been achieved with this agreement. “It allows Greece to remain in the euro area, it was the goal,” he told the press.
The head of state stressed that “the general interest “of Europe was winning and felt that each had shown a” willingness to compromise to the end “.
” All is not played, “he added, however, as several national parliaments must vote on the agreement. In France, the National Assembly will be consulted on Wednesday with a vote, he said.
Francois Hollande also considered that the Greek crisis showed the need to strengthen the euro zone, the bring more integration so that it can “defend itself.” “This will work the next few months,” he said.
The finance ministers of the euro zone must, themselves, define together the financial accompaniments emergency so that Greece and its banks continue to benefit from cash, he said.
“The challenge was to offer Greece a long precisely to ensure its financing out of the crisis, but also for immediate funding finish with what Greece lives in the moment and that will last yet, “said he added, referring in particular to bank closures decided there ten days.
These, he told the president, will be recapitalized to the tune of 25 billion euros. They will be included in the fund said that privatization will pledge in Athens and will, contrary to what was proposed in Germany originally established in Greece at the request of Prime Minister Alexis Tsipras.
“I supported this approach, I found legitimate,” said Francois Hollande.
(Julien Ponthus and Gregory Blachier, edited by Jean-Michel Belot)
No comments:
Post a Comment