Sunday, July 12, 2015

The debt crisis in Greece: EU finance ministers have not been able to find a compromise – First Channel

In Brussels today will take a historic decision: try to determine the future of Greece and the eurozone. Outlined just two of the summit of Heads of State – the currency bloc and the entire EU, and in front of them will make a second attempt Eurogroup.

In Brussels today will take a historic decision: try to determine the future of Greece and the eurozone. Outlined just two of the summit of Heads of State – the currency bloc and the entire EU, and in front of them will make a second attempt Eurogroup.

The finance ministers of 19 countries fought late into the night on a common position on the debt crisis, but to no avail. At noon Moscow time the leaders of finance ministers will gather again. From their conclusions depends on the direction in which the debate will unfold leaders. It promises to be hot if the troika of creditors as early as Friday, gave a positive assessment of the proposals for reform of Athens, some participants in the euro area believe that the conversion should be much more radical.

The flagship of the opponents of the agreement with Greece on terms Tsipras advocates Germany . This is understandable, given that a significant part of the Greek debt is money is Germany. And, in an effort to force Athens to play by their rules, Berlin is ready to go very far: the German press publishes a secret plan Finance Minister Schaeuble, proposing either to exclude Greece from the currency bloc for at least 5 years, or to achieve a radical tightening reforms. According to the newspaper, this ultimatum has been agreed with Merkel.

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