Monday, July 6, 2015

Resignation, meetings, reactions: the day after the non-Greek – The World

An Athenian before each daily after the victory in the referendum organized by Greece.

The Greeks have largely said no (61.31%) in the referendum on the reform plan of the creditors (IMF, Central Bank European, European Commission). This vote has caused a chain reaction as in Athens and European level

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  • Resignation Yanis Varoufakis

At dawn Monday morning, Greek Prime Minister Alexis Tsipras sent a first message to creditors and it is his finance minister who took care to wear: Yanis Varoufakis announced that he was resigning from his post. The 54 year-old economist had welcomed the non Sunday night’s victory, but he explains on his blog:

“Shortly after the announcement of the results of referendum, I was informed of a certain preference of some members of the Eurogroup and “partners” associated [...] for my “absence” of meetings; an idea that the Prime Minister has deemed potentially useful to obtain an agreement. For this reason I left the Ministry of Finance today. “

Since starting at the negotiating table with the creditors of Greece Yanis Varoufakis, yet deemed serious, had indeed alienated all the other finance ministers of Eurogroup due to its arrogant attitude judged and moved, which denoted in the highly civilized part of the Brussels meetings.

His resignation is a first signal sent by Mr. Tsipras who wants an early resumption of negotiations with the creditors to reach an agreement

Read also:. Varoufakis resignation of the minister irritated Brussels

The result of the uncertainty related to the no victory in Greece The European stock markets opened lower Monday morning – 2.06% in Paris – 2.11% in Frankfurt, – 3% in Milan … Asian financial markets had already started this movement Tokyo and Shanghai have closed their session down more than 2% in a highly volatile market.

The euro resists rather well, trading at 1.1088 dollar at 9:00. However, the situation may change depending on the decision of the Governing Council of the European Central Bank (ECB), which meets at midday to decide whether or not within the emergency aid ceiling (ELA) granted to Greek banks.

  • New European meetings burst

Appointments are organized all levels to draw the consequences of non-Greek. At the level of European institutions, the Commission President, Jean-Claude Juncker, the Eurogroup President, Jeroen Dijsselbloem, President of the European Council, Donald Tusk, and the head of the ECB, Mario Draghi, should be discussed by conference telephone. The directors of the eurozone Treasury are also found within a Euroworking Group, preparatory instance to a Eurogroup meeting (19 finance ministers of the euro area) scheduled for Tuesday at 13 hours.

Monday evening, Angela Merkel, Hollande meet at the Elysee to discuss the Greek situation. German Chancellor and French President have called for an extraordinary summit of Eurozone leaders to be held Tuesday at 18 am in Brussels

Several scenarios. – New aid plan, relief debt, exit of Greece from the euro area … – are possible following the decision of the Greek people, who rejected the ex-Troika solution, explains an analyst Foundation for Strategic Research, François Heisbourg

Read also:. “force Greece out of the euro zone would be very complicated”

Syntagma Square, supporters of non celebrated their win on Sunday.

The non-Greek has been variously interpreted in neighboring countries. Italian President Sergio Mattarella, urged Europeans to show “solidarity” . In Spain, Pablo Iglesias, leader of Podemos training left, welcomed a victory of democracy. However, Germany is far less conciliatory. If Angela Merkel admitted that “the vote of Greek citizens should be respected” , the economy minister, Sigmar Gabriel (Leader of the Social Democratic Party) Alexis Tsipras ensures “a cut the last bridges “ with Europe.

In France too, politicians are the splits. The left of the left (PCF, Left Front) celebrated the non-Greek, analyzed as “the failure of a project sneaky” by Jean-Luc Mélenchon. At the other end of the political spectrum, the National Front salutes “a rebellion not meet European diktats” .

For the Finance Minister Michel Sapin, c is now “the Greek government to make proposals” as “The vote itself nothing rule” .

” Europe is faced with a difficulty, but it is not in trouble. [...] Europe has built a variety of tools, Europe will demonstrate its strong first by protecting itself. “

On the right, several party heavyweights Republicans like Eric Woerth, are concerned ” leap into the unknown “. Alain Juppe called on his blog to organize the exit of Greece from the euro zone “no drama” .

  • In Greece, proud supporters of non

Athens Sunday evening, hours after the closing of polling stations, supporters of and not close to the party Syriza radical left in power found themselves in Syntagma Square, opposite the Parliament, to celebrate the “spirit of resistance” of the Greeks. “ But, remain modest, not paradons. We know what awaits us is not all rosy “, a young protester tinged

Read also:. Greece: Athens, supporters of a non celebrate moment “historic”

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