That said Finnish Finance Minister Alexander Stubb. “Eurogroup will later meet again, but not today,” he tweets.
The ministers since 13:30 discussed included a proposal from the European Commission, the International Monetary Fund (IMF) and the European Central Bank (ECB). There were also Greek proposals. The parties could not agree in the morning on a joint proposal.
Possibly the Eurogroup meeting again Saturday. The experts of the lenders now will pass on the latest plans from Greece for a solution to the ailing situation in the country.
The latest proposals from Athens arrived Thursday to leave during the meeting of finance ministers of the euro area countries (the Eurogroup) to pass on a verdict.
Complaints
The Greek Finance Minister Yanis Varoufakis had to leave during the meeting of the Eurogroup know where the Greeks can and will not agree with it.
The Greek minister says that there existed not only among the ministers concerns about the Greek proposals. Other countries may find themselves not in all plans of the lenders.
The parties still disagree on many points with each other, said Eurogroup President Jeroen Dijsselbloem earlier on Thursday. Particularly the reform of the Greek pension and VAT rates would the Greek government and the lenders to agree, reported the British newspaper Financial Times .
In addition, the Greeks want lenders do something to relieve the debt of Greece. For example, by extending the maturities of loans or lowering the interest on the loans.
Eurogroup President Jeroen Dijsselbloem left after the meeting that there are ” a number of ” a ” big hole ” in between the demands of lenders and Athens. He did not specify on which points.
Dijsselbloem invited the Greeks to accept the proposals of the lenders. ” The door is still open. ”
Force Break
euro group bent on proposals to force a breakthrough. There were not only Greek plans on the table, but also of the lenders. According to the Greek Finance Minister Yanis Varoufakis encountered not only the Greek proposals concerns.
But other countries than Greece may not agree with all aspects of the proposals by the lenders, he said. Allegedly it would go to Germany, which believes that too many commitments have been made to Athens.
The reform of the pension system and the VAT plans seem to be the biggest stumbling blocks to the lenders.
In turn, like the Greeks that the lenders do something to alleviate the enormous debt of Greece. That need not be a write-off, but can also mean maturities of loans shifted and / or the interest rate of the loans can be reduced
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Trust
Earlier on Thursday said the Greek Prime Minister Alexis Tsipras that he still had confidence in reaching an agreement. Among others, Commissioner Pierre Moscovici (Economic and Monetary Affairs) and President of the European Council, Donald Tusk they commented positively about the chances for an agreement.
The time is running out, because Tuesday present the midnight support program expires for Greece. A renewal thereof, or adjustment should approval for some parliaments. Moreover, Greece has to a large loan to pay off the IMF, which the country now does not have money for that.
German Chancellor Angela Merkel reportedly told European leaders that there must be an agreement for scholarships Monday open again. This report news Sky News
Video:. Eurogroup ends without agreement
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The International Monetary Fund (IMF) expects Greece next week to meet his payment will meet. That said a spokesman for the fund Thursday at a news conference in Washington.
The Greek government must Tuesday totaled $ 1.7 billion payment to the fund. These are bundled obligations, which earlier this month with IMF approval were postponed until June 30. ” We expect that the payment will be met, ‘said IMF spokesman Gerry Rice.
Without new emergency aid from the eurozone countries and the IMF, it is the question of where Greece the money is to pay off from pick.
Rice stressed in this connection that the IMF Greece did not want to put the block, but that there must be concluded an agreement through negotiations. ” It’s always give and take. The IMF does not take it or leave. ”
However, the IMF also wants to prevent Member States get the idea that eurozone countries enjoy preferential treatment. Especially among poorer countries, the continuing support for a relatively prosperous country like Greece an eyesore
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