Visit took place in Greece for the critical days in anticipation of solving the "troika" of creditors (European Commission, European Central Bank and the IMF), in fact As to whether to allocate Athens another tranche in early October. No credits will not be able to refinance Greece 350-billion-dollar debt and is obliged to declare will be defaulted. The largest contributor to the Greek-wide package of loans and a leading developer of measures to resolve the decline of the Greek left Germany as the leading economy of the EU and the eurozone. Greece until does not fit into the rigid framework of a program to reduce the deficit, it was necessary to reduce koy in the current year to 7.6% of GDP. Arguments in Greece, actually speeds up the subsequent reduction in cost reduction in GDP and the budget undermines the purpose of the program, had no effect on the impact of the creditors, koie pointed left Athens in September and still have not returned. As a result of the Greek authorities, in response to the "troika", it took some steps to prepare more "belt-tightening." In particular, it will be resumed incomplete pensions and salaries, raised some taxes, and about 30 thousand civil servants would be sent "in reserve" with the payment of only 60% of salary. The representative of the German government announced, in fact visit Papandreou prepared in advance and is not directly connected with the negotiation of Greece and the "troika" of the next tranche of support. And Merkel, and George Papandreou faced with significant trudnosteyami finding compromises to resolve the difficulties of Greek. German Chancellor shines persuade the Bundestag vote for the implementation of the EU's decision of 21 July, by which the "salvation" of Greece is different 109-billion package of loans, mortgage and discount on debt write-offs in addition to a selection 110 billion of loans. German voters are skeptical of the actual As for support of Greece, actually threatens the solid trudnosteyami within the ruling coalition of Christian Democratic Union and Free Democratic Party. Papandreou, just shine on Tuesday, the actual vote in the parliament of Greece related to the introduction of fresh large-scale gathering of property owners for a period of four years. This measure must koiya bring into the treasury of up to 2 billion euros each year, is considered to be highly unpopular. In the center-left Party of PASOK George Papandreou led the majority of 4 votes in Parliament, but the latest round of "belt-tightening" in early June led to the loss of two seats due to the protest withdrawal of Deputies. A possible "revolt" in the center-left faction and fear at this time. Vote in parliament will take place in the long term continued for 2 day strike vehicles in Athens and protests in the Greek city koie Moscow have become an everyday act.
Recent Comments
Related Posts
