Tuesday, June 30, 2015

Rajoy did not rule out a Greek exit from the euro zone after the referendum – RIA Novosti

Spanish Prime Minister Mariano Rajoy. Archival photo

© AP Photo / Daniel Ochoa de Olza

MOSCOW, June 30 – RIA Novosti. Spanish Prime Minister Mariano Rajoy said that Greece will have no other option but to exit from the euro zone, if a referendum on July 5 will be the predominance of the opponents of the vote accept the creditors.

If the winning party “no” (opponents accept the European lenders – Ed.), “that Greece is no other alternative but to withdraw from the euro zone,” – said Rajoy.

“If the referendum will take place and if the Greek Prime Minister Alexis Tsipras will lose it positive impact on Greece, the Greeks supported the continuation of the country’s participation in the euro area and will be able to negotiate with the new government, “- he said Spanish Prime station Cope.

Greece is negotiating with the EU and the IMF on the settlement of the debt by more than 240 billion euros, which was formed after the rescue of the Greek budget by default in 2010 and 2012. Forecasts lenders that austerity will allow Greece to pay debts, were not justified.

The Greek side on June 26 left the negotiations with creditors on new measures of budgetary savings. Eurogroup on June 27 reported that the negotiations terminated, the validity of the assistance program will expire on June 30, Athens will not get a grace period on payments to the IMF in the amount of 1.6 billion euros, which should have been paid until Tuesday.



The size of the national debt in Greece

The total amount of debt of Greece as of 1 April 2015, according to the Ministry of Finance, is 312.7 billion euros.
Much of the debt, 184 billion euros, belongs to the European Financial Stability Facility (EFSF – 131 billion euros) and the governments of the eurozone countries, including Germany, France, Estonia and Slovakia. Greece also needs 27 billion euros to the European Central Bank (ECB) and the 21 billion euro International Monetary Fund (IMF). For more information about state debt of Greece, see the Help RIA Novosti & gt; & gt;

© AP Photo / Giannis Papanikos

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