Greece creditors reject loud Tsipras reform proposals from – ZEIT ONLINE

The Greek Prime Minister is on his way to the potentially decisive talks in Brussels. His remarks provoked a massive collapse the stock market.

Updated 24th June 2015 13:07 clock

Greek Prime Minister Alexis Tsipras | © Alexander ZEMLIANICHENKO / AP

The creditors did not accept the Greek reform proposals for presentation of the Greek Prime Minister. This was announced by Alexis Tsipras after a cabinet meeting in Athens on Twitter. He spoke of an unprecedented process. “The persistence of some institutions not to accept the measures, it has not seen before,” he wrote.

Athens have presented measures that meet the requirements of creditors, Tsipras said after information from government circles. Which of the three institutions – the European Commission, European Central Bank (ECB) and International Monetary Fund (IMF) – to Tsipras moved with his criticism, remained unclear.

After matching reports in the Greek press, the IMF is said to have criticized many Athenians savings proposals as measures that promoted the recession. Tsipras doubted the interest of donors to an agreement. “This strange attitude can mean only one of the two: either they want no agreement – or they serve special interests in Greece,” he wrote on Twitter. The stock markets reacted to Tsipras’ statement: They broke clear.

According to an insider presented Greece’s creditors new counter-proposals to bridge the differences.

Tsipras is on his way to Brussels, there to the tips of the three institutions on the debt crisis advise. EU Commission President Jean-Claude Juncker, IMF chief Christine Lagarde, ECB President Mario Draghi, euro group chief Jeroen Dijsselbloem and the head of the euro bailout fund, Klaus Regling, advice for an hour already the EU Commission building. Greek Prime Minister to join the Centre later. Thus, the heads of all institutions are present, the need to reach an agreement with Greece on the reform proposals.

The meeting will take place as before, told an EU official. In the evening another meeting of euro zone finance ministers will be held.