Tsipras promises “final” solution to European leaders – Financieele Dagblad (Registration)

Greek Prime Minister Alexis Tsipras, the leaders of the other euro countries Monday a proposal to the debt crisis in his country once and for all to resolve.

He did let know Sunday after a telephone conversation with German Chancellor Angela Merkel, President Francois Hollande and the President of the European Commission, Jean -Claude Juncker. The content of the proposal was not disclosed. EU diplomats in Brussels said Sunday that they have not received any new proposal.

Last chance

The nineteen government leaders come together Monday in Brussels for what is seen as the last chance to bankruptcy and possibly even from a departure of Greece To prevent the eurozone. The president of the Eurogroup, the President of the ECB and the Director of the IMF invited.

The euro countries expect Greece a proposal with ‘credible’ savings and reforms. That would allow them to extend the current tool and as more than € 10 billion in loans to unlock.

To underline that the Greek crisis the global economy untouched, did the US Treasury Secretary, Jack Lew, Sunday through television called on the Greek government to make concessions. Otherwise there is a “terrible economic downturn,” Lew said.

Knife in tax breaks

The Greek government deliberated Sunday in a special session on a revised proposal. To achieve the required budget surpluses and pensions still to spare as much as possible, Athens would like to put the knife in a series of tax benefits. From 2016 early pensions would be abolished. There is, according to the Greek To Vima also talk of savings in the defense budget, increase the business tax and shifts the tax.

Eurogroup -chairman Jeroen Dijsselbloem Thursday urged repeatedly that the Greek proposal for the other European leaders ‘credible’ should be. It must, in other words in their own parliament a chance.

No more money in cash

Finance Minister Yannis Varoufakis wrote Sunday in the FAZ that Syriza government is willing to “honorable compromise that once and for all an end to the Greek crisis. But his fellow minister Nikos Pappas threw a new hurdle on by declaring that a solution must come without the IMF. For Germany and the Netherlands is that taboo.

According to the Frankfurter Allgemeine Zeitung, Athens will have to reduce by the dramatic slump in tax revenues on salaries and pensions . The deficit amounted to € 3.6 billion, the newspaper said, referring to internal calculations of the lenders (IMF and euro countries). That means that even in Greece will be June 30, € 1.5 billion to be paid to the IMF. According to the Fund that will be considered immediately as default.

That means among other things that the IMF part of the € 7.2 bn which Athens could still borrow as timely closing an agreement, temporarily can not be distributed.

First Eurogroup

Monday is first a meeting of finance ministers, the Eurogroup. Chairman Jeroen Dijsselbloem made known to all Saturday night to begin a half instead of three hours without giving a reason for that. EU sources say that as much time as possible should be taken to prepare technically for the political consideration of the Government.