Greece needs official request for new loan – nrc.nl

Tsipras this morning spoke at the European Parliament in Strasbourg and said that if there is no growth, Greece can never come from the criris. Photos REUTERS / Vincent Kessler

Economy

Greece this morning has officially submitted a request for a new loan from a special emergency fund for the euro zone. That said a spokesman for the European Stability Mechanism (ESM). The Eurogroup (the finance ministers) will now look at the request.

In the new document is at the ESM, which Greece calls for new emergency aid, provides inter alia that Greece is a three-year construction loan
will and possibly next week promises to implement all reforms concerning taxes and pensions.

assistance package put together quickly

If the euro countries later this week approved the Greek plan, then EU officials able to put together a new aid package within days. They know the Greek financial situation became thoroughly according to our correspondents Stéphane Alonso and Wilmer Heck:

“The only unknown factor is whether the Greek economy since the closing of the Banks also fell into the doldrums. An analysis to determine how extensive the third support package must be it. Before the Greek referendum was based on some 30 billion euros. It is expected that amount meanwhile risen sharply, although it is unclear how high. “

‘Let there be light at the end of the tunnel’

Tsipras this morning spoke the European Parliament in Strasbourg and said that if there is no growth, Greece can never come out of the crisis. In addition, the Greek Prime Minister suggested that the cartels must be tackled in Greece and that there should be more control on public spending.

About the tax system in his country said Tsipras that it is completely collapsed, in part because “nowhere so hard and long” is cut as in Greece:

“The austerity programs of recent years have led to an explosion of poverty and unemployment. We want a way out, we want to agree with our partners and a dignified way out of the crisis. Let there be light at the end of the tunnel. “

The Greek banks, which thus remains closed, more financial support from the European Central Bank (ECB) required to open again to be able to go. The ECB later today hold a conference call “on a request from the Greeks to the emergency liquidity assistance (known as ELA) to increment. The ECB decided earlier this week to the maximum amount of ELA (89 billion euros) should remain unchanged.

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Alexis Tsipras

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