Greece to closed banks will not honor a payment Tuesday 1.5 billion euros to the IMF, an exceptional failure that creditors should nevertheless relativize while negotiations seem to have taken five days of a crucial referendum.
“How to pay the IMF tomorrow as Banks were conducted to asphyxia “, questioned Monday evening on television the Greek Prime Minister Alexis Tsipras, but added:”? as soon as they decide to lift suffocation, they will be paid “.
Greece had normally until 2200 GMT on Tuesday to pay, but she did not do, except miracle. Folder experts confirmed Monday that there in crates barely enough to buckle the salaries and pensions of the month, and certainly nothing for the IMF.
The Minister of Finance Yanis Varoufakis, was not embarrassed frills Tuesday confirming breezed to reporters who asked whether the IMF would be paid, “no”, before running off to his office.
His French counterpart Michel Sapin, however, believed that a Greek default vis-à-vis Tuesday of the International Monetary Fund (IMF) would be “no great consequence.”
On the same line, there are fifteen days , the rating agency, Standard & amp; Poor’s (S & amp; P) recalled that non-payment of a State with its public creditors such as the IMF, the World Bank or a central bank, is not strictly speaking a default.
Still, it is an exceptional event. Now presented in recent months as a terrible risk for Greece, non-payment now comes second
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The Europeans now expect a “yes “Sunday’s referendum, in which the Greeks are invited by the government of radical left to say” no “to the latest proposals from the country’s creditors (EU, IMF, ECB).
They make up the pressure on Greek voters by saying that the real question is “yes” or “no” to the euro, which they hold in great majority.
On Monday night, Alexis Tsipras wanted to put the scope of voting. For him, a “no” only serve that Greece is “better equipped” to further negotiations, implying that this “no” does not mark a break from the past.
If the “yes” wins, he was evasive, stating that he was not one to remain prime minister “come rain or shine.”
And since the beginning The Greeks do not exclude to change their recommendation of “no” recommendation in “yes” if a favorable their proposal is made in the meantime.
On Tuesday morning, President of the European Commission Jean Claude Juncker has proposed a solution to Mr. Tsipras “last minute,” said a spokesman in Brussels.
The idea is that Mr. Tsipras accept the latest plan of creditors dated Saturday and undertakes to call the Greeks to endorse this text in voting yes in Sunday’s referendum, which would by then holding a Eurogroup to enact the agreement.
Athens n ‘ has not immediately respond, but announced in the morning having had contacts with Mr Juncker, ECB President Mario Draghi and the European Parliament Martin Schulz.
However, German Chancellor Angela Merkel assured little after not being aware of a new EU offer.
The financial strangulation of Greece was precipitated by the interruption of discussions between Athens and its creditors Friday night when Alexis Tsipras had created a stir by announcing the organization of a referendum.
The creditors were first reacted strongly denying the request for the extension of Athens one month of the assistance program, pushing the government to impose capital controls in the country, except for foreigners.
This decision resulted in a further deterioration of the ratings for Greece and its banks by rating agencies.
Though brutal, the measure was being introduced quietly enough, the Greeks look up now unhurried distributors 60 euros per day which they are entitled.
In an open letter published by the Financial Times 19 leftist economists were mobilized Tuesday in favor of Greece, including US Nobel Prize Joseph Stiglitz or French Thomas Piketty, asking the country to be bailed out in an emergency, before “a new beginning” of the negotiations.
In Britain, a young Londoner for its part launched a crowdfunding transaction or crowdfunding, to try to help Greece pay its due to the IMF. Tuesday morning, he had managed to gather 31,000 euros
30/06/2015 3:16:07 p.m.. – Athens (AFP) – By Hélène COLLIOPOULOU – AFP © 2015
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