6:18 p.m. -. Summit meeting Alexis Tsipras will meet angela Merkel, Hollande and donal Tusk sidelines of the summit of the eurozone as a Greek government official
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5:39 p.m. – Athens does not want to be humiliated by Berlin. Many Greeks accuse Germany of trying to humiliate them by his intransigence and his distrust of the latest proposals made by Athens to obtain a new international aid. “ What happens is that we want to humiliate Greece and the Greeks overthrow the government Tsipras “, told Mega TV channel Dimitrios Papadimoulis, Vice President of the European Parliament and member of the radical left Syriza party, the formation of Prime Minister.
In many statements, are Chancellor Angela Merkel and Finance Minister Wolfgang Schäuble who find themselves in the firing line. For a Greek government official, “ it is clear that some countries do not want an agreement, for reasons that have absolutely nothing to do with the reforms and the program we submitted “. Or, “ you want to punish us, some want revenge ” Dimitri Sevastakis judge, an MP from Syriza.
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4:58 p.m. -. New conditions The finance ministers of the Eurozone on Sunday a written list of new conditions imposed on the Greek government to start negotiating a new financial rescue plan submitted to arbitration of the leaders of the Monetary Union. “ We have made progress although divergence must be met. It is now up to the leaders to find the terms of an agreement ,” summed Pierre Moscovici, European Commissioner for Business economic.
Among the commitments demanded in Athens face the vote “ by July 15 ” by the Greek Parliament of a first part of the promised measures by Athens. The Greek government’s radical left will also accept “ harsh conditions ” regarding “ the reform of the labor market and the pension system, taxation and VAT “said Finnish Finance Minister Alexander Stubb.
The text prepared by the ministers also included among the options German proposal to create outside Greece of a fund grouping Greek assets amounting to 50 billion euros to guarantee the privatization promised by Athens, said a European diplomat. The Eurogroup has worked on “ a document with words in brackets “, which should be finalized by the leaders, said a source close to the negotiations. These 19 leaders’ fill in the blanks , “she said.
If the Greeks accepted the final conditions put to them, the area euro give the green light to the opening of new negotiations between Athens and its creditors for a third aid package of over 74 billion euros over three years. But “ it is likely that the final green light is given after a vote tomorrow by the Greek Parliament of a series of prior actions ,” said a European source.
The leaders of the euro zone must take over their finance ministers to decide to engage or not new negotiations with Athens on a third aid package, prerequisite for to avoid a Greece exit from the eurozone. In return, the country has pledged to make budget cuts and reforms, but its partners ask him more effort and implementation of safeguards.
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4:33 p.m. – President Republicans expressed Nicolas Sarkozy asked Francois Hollande that “ get its act together ” in the Greek case, and. judge “ better ” to reach a compromise, but not rule out a Greek exit from the eurozone. “ It was a mistake to leave to think, as did Mr. Holland for seven months, Mr. Tsipras that he might have a check without conditions from its eurozone partners without the reforms we need “, he said.
” The question is not so much the question of the terms of the plan issue of trust , “Sarkozy estimated, which attacked the Greek Prime Minister Alexis Tsipras. This “ lied to his people before the elections and is now trying to explain to the various European governments that it is ready to accept what he himself asked the Greeks to deny there eight days. It should be a lesson for all Europeans who might be tempted by the vote of extreme , “Sarkozy said.
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4:17 p.m. – Story sharp exchanges Saturday Could it have grazed the incident.? After months of turbulent negotiations, tempers flared up Saturday night in discussions in Brussels on Greek debt. It’s after nine hours of exchanges in their sixth emergency meeting in just three weeks, that discussions were suspended shortly before midnight, to general surprise, so the finance ministers of the eurozone seemed tense .
“ A real kindergarten class ,” reported a source close to the talks. “ The negative energies have taken over. ” Unlike what happened so far, the strongest trade has not opposed the Greek Minister to his colleagues but among the other ministers them.
According to a European official, the suspension of talks on Saturday evening was mostly caused by a heated exchange between the President of the European Central Bank (ECB) Mario Draghi and the German Minister Wolfgang Schaeuble, about the ability of the Greeks to meet their commitments.
“ I’m not stupid! “, has even launched Mario Draghi German minister advocates a hard line vis-à-vis Athens, while France and Italy are more flexible to avoid Grexit. “ Schäuble positions are irresponsible and may lead to disaster ,” said Gianni Pittella, an ally of the President of the Italian Matteo Renzi Council. In France, the first secretary of the Socialist Party, Jean-Christophe Cambadélis, urged the SPD, its sister party in Germany to lobby for Angela Merkel to put an end to the “ German bidding “the Greek case.
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3:46 p.m. – Merkel persists and signs The German Chancellor Angela Merkel is more than ever firm on his positions.. It said it expected difficult discussions at the summit of European leaders on Greece but adds not want to agree at any price. “ On the one hand (…) there is the economic situation in Greece, which is extremely deteriorated in recent months, on the other there is the fact that the largest currency was lost and it is trust. “she said.
” I know the nerves are on edge, but we need to ensure that benefits outweigh the drawbacks, both for the future of Greece and the euro area for the principles of our cooperation. (…) Do we succeed or not, you will see . ” she has concluded.
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3:32 p.m. – Francois Hollande: the euro zone to decide Sunday “ if Greece will be tomorrow in the euro area ,” said French President Francois Hollande on arrival at a summit “last chance” in Brussels for the financial rescue of Athens. Excluding the option put forward by Germany, a “provisional Grexit” for the weakest link in the euro area, the French president said that France would do everything “ to find an agreement for Greece to remain in the euro area “.
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3:09 p.m. -. No basis for negotiations The finance ministers of the euro area still do not see the basis for the opening of negotiations for a third aid package to the Greece. This is what we read in a draft communique of the Eurogroup. This text not -Valid by the central bankers of the euro zone, could be passed as is to the Heads of State and Government of the euro area meet at 16:00 (14:00 GMT) in Brussels to take over their finance ministers. “ The Eurogroup (…) has concluded that there is no basis yet to begin negotiations on a new program “, the document notes that Reuters was obtained.
European negotiators want a number of reforms demanded in Greece are passed in Parliament before formally starting negotiations. Many countries believe that the government of Alexis Tsipras does not have the credibility to benefit from a new EU aid while the latter was approved by the Greek parliament Saturday a reform program similar to that proposed by the creditors and rejected by referendum in Greece. Some European leaders fear that after obtaining funds, the Greek government does not interrupt the implementation of privatization and reforms promised to creditors, such as pension or taxation.
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2:06 p.m. -. Draft Declaration Among the points in its draft declaration which begin to be cited, the Eurogroup insisted that there can be no discount on Greek debt. He points to the fact that Greece needs to strengthen significantly its privatization program and wants to impose, before opening negotiations for a third bailout plan, changes in VAT, pensions and independence of the statistical office .
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1:46 p.m. – Russia reaches out to Greece Russia plans to deliver fuel directly to Greece to help start its economy, according to the Minister. Energy Alexander Novak, quoted by Russian news agencies.
“ Russia intends to support the economic recovery of Greece by expanding its cooperation in the sector energy. We are currently examining the possibility of soon begin to directly deliver energy to Greece “, he told reporters, according to the state agency RIA Novosti.
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1:24 p.m. – The PCF calls for support. The French Communist Party called in a statement on Sunday to “ support Greece through ” in Brussels. “ A destructive gear to the Grexit is set up so that the Greek government has made, in quiet and with great humility, a reform program and a viable financing plan, a compromise acceptable to all parties “he wrote.
” If the Eurogroup failed yesterday is because the forces of the radical right does not want to give the slightest leeway left Alexis Tsipras of government. After organizing the financial strangulation and blackmail before the referendum, their goal now is the failure of negotiations , “said the party.
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12:56 – The PS challenges the SPD The first secretary of the PS Jean-Christophe Cambadélis Sunday launched an appeal to his German counterpart, SPD Chairman Sigmar Gabriel, also Minister Economy and Vice-Chancellor, to put pressure on Angela Merkel in the Greek case.
“Jean-Christophe Cambadélis addressed Sigmar Gabriel, SPD Chairman to act with Merkel: + The peoples of Europe do not understand the German bidding can not validate an agreement before the referendum and did not find valid after + “
The First Secretary also asked the Party of European Socialists to launch a solemn appeal “ to quickly conclude a sustainable and lasting agreement ,” the PS said in a statement.
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12:33 -. François Fillon François Hollande load Former Prime Minister François Fillon believes that French President prevented a rapid solution on Greece by playing a “ disorder game “with Athens and Berlin. Speaking in an article published in the Sunday newspaper, the candidate for the Republican primary for the 2017 presidential elections, argues that France is not immune to bankruptcy, as shown by her ” Greek tragedy “
p = itemprop”> “.”: in strict company of Angela Merkel complacent backstage with Alexis Tsipras , “writes Francois Fillon. “ Your activism to save Athens temporarily eclipse our own economic, social and financial failures. ”
“ For growth and employment, while was not attempted. Unlock the France of its 35 hours refondez the labor code, upgrade the state revalorisez the way of learning by focusing resources now scattered in subsidized jobs ” , he said.
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11:23 -. Pierre Moscovici for a “good agreement” The European Commissioner for Economic and Financial Affairs, Pierre Moscovici, said that there is a possibility of reaching in the day an agreement to open negotiations on a new aid package for Greece.
“ The position of the institutions as it was expressed yesterday (… ) is that generally there is a basis for negotiations on a new program with Greece, provided that the Greek government must do more, and short-term, medium-term and “, has -t he said. “ That remains our position and I hope that at the end of the day we have an agreement, a good agreement “, he added, contradicting the expressed pessimism Sunday with several ministers and even other Commissioners.
“ You have to be at the height of the time “, has he said, hoping that Greece improve its program medium-term reforms and adopt very quickly the first bills to prove his good faith to its partners in the euro area rather skeptical. “ There is a path .”
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11:11 – Reform fast. It can not be any agreement on new aid for Greece this Sunday at the meetings of finance ministers and the Eurozone leaders, said the Slovak Finance Minister Peter Kazimir, calling Athens to carry out promised reforms quickly. “It is not possible to reach agreement today,” said Peter Kazimir before the resumption of the discussions of the Eurogroup, suspended late Saturday evening.
“ We can make recommendations to heads of state, that’s all. The breach of trust is so striking that it can not be agreed , “he added. To the question of what the Greek government should do to restore confidence, the Slovak Minister replied: “ Conduct quickly reforms . “
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10:21 – Italy wants to wrest a compromise with Germany. Matteo Renzi, President of the Italian Council, said in an interview with the newspaper Il Messaggero, that Greece should not leave the eurozone, and ensures that it will ask the German government to accept a compromise not to humiliate Athens.
Several countries, including Germany, are demanding more guarantees to the government of Alexis Tsipras on the reforms it has undertaken to implement. Otherwise, the German Finance Minister Wolfgang Schaeuble, proposed on Saturday a “temporary” suspension of Greece from the euro area.
“ Now that Tsipras made proposals that meet the demands (institutions) EU, we absolutely must reach an agreement , “said Matteo Renzi, according to comments reported by the newspaper.
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10:13 – Finishing unlikely. The vice president of the EU executive, Valdis Dombrovskis said in Brussels that the European Commission considers “ very unlikely ” to get Sunday political green light to negotiate a third plane aid for Greece, which may at any time exit from the euro.
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10:05 – canceled Summit, held negotiations. The European Council President Donald Tusk announced that the EU summit in the evening on the Greek crisis is canceled. Is maintained, however, a summit of the euro zone, to 19, to discuss a possible bailout of the country
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“The EU summit is canceled, the euro zone summit will start at 16:00 (1400 GMT) and will last until we conclude the negotiations on Greece” Tusk has said on his Twitter account.
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