Greece Greece has with the agreement reached yesterday in Brussels “won a battle but not the war.” That said the Greek Prime Minister Alexis Tsipras today in Athens. According to him, the main goal achieved in the agreements that the country made last night by the European Union. However, there are still difficulties ahead.
The new government in Athens is committed under the closed yesterday agreement establish strict reform and fiscal discipline in exchange for the euro countries and the IMF extend the existing emergency loans to four months.
Tsipras said today on Greek television that the earlier austerity agreements with the EU by the new agreements as for him are no longer valid. “We let the savings, memoradum, the troika behind us. Greece has achieved its main goal,” it sounded like a victory. The country has an important and decisive step put towards a change of course in the eurozone, according to Tsipras.
At the same time the prime minister warned the Greeks that the road is still long. “We won a battle but not the war, there is still a long and difficult road ahead of us.”.
After negotiating almost four hours passed Eurogroup President Dijsselbloem the protagonists – including the German Minister Schäuble, Prime Minister Tsipras, ECB President Draghi and IMF president Lagarde – get in line. The flamboyant Greek Finance Minister Varoufakis was barely present
According to the agreement, the Greek government should extend the financial aid of the previous government, while Tsipras and Varoufakis during the election campaign had promised this “poison pill “never to swallow. They also accept that the detested by them Troika – the supervisors of the European Commission, the ECB and the IMF – for now remain in Greece.
Concessions
Alexis the great graffiti from the name of Prime Tsipras, in Athens. © ap. Under pressure from Schäuble Athens yesterday had still make some concessions. Tsipras promised the budget not to derail this year and planned measures such as increasing the minimum wage and pensions should be provided with adequate coverage, in consultation to determine the Troika.
Appearance Monday must Varoufakis a submit list of reform plans in Brussels. Only when approved by the Troika, the euro countries start national parliamentary approval procedures for loan extension. For partial remission of the EU / IMF loans (240 billion euros) is not mentioned in the agreement. The Greek government should be possible to issue this year a little more than planned, depending on the economic development in the country.
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