Saturday, July 25, 2015

Greece wants debt deal to mid-August – RP ONLINE

Athens. it goes to the government in Athens to the terms and conditions to be negotiated on the third aid package already starting Monday. An agreement is already possible to 18 August ago. The IMF will sit at the negotiating table.

Greece is likely to negotiate with its creditors on Monday for the third billion package to rescue from bankruptcy. The proposed agreement should be presented to Parliament on 18 August, the government in Athens said. Also at the table sitting next to its European partners this time the International Monetary Fund. Finance Euclid Tsakalotos made an official auxiliary request to the IMF.

This is the agreement with the other 18 euro area countries on 13 July. This Athens agrees to apply for a follow-up financing from the IMF, which expire in March 2016 Greece-aids. Especially Germany wants the IMF have continued on board. Athens would inspectors from Washington like to rid. The IMF is a tough negotiator with strict rules, said government spokeswoman Olga Gerovasili. On the other hand, supports the IMF, the Greek demand for debt relief, which sees Germany skeptical.



Greece agrees to further reform

In the letter from the Greek finance minister says, we looked forward to further cooperation with the IMF. Tsakalotos admits that it probably still “several quarters” need before the Greek economy “return to a strong and sustainable path to growth with equity and social inclusion” could. The IMF confirmed in the early hours of Saturday, receipt of the application.

The Greek parliament this week a second reform package approved and fulfills the preconditions for negotiations with the lenders. The country needs, according to the agreement of July 13, up to 86 billion euros over the next three years. After 2010, the lender had already launched two aid packages over 240 billion euros.



Athens – queues at the banks to reopen PHOTO: AFP, lg / RMA

Until the planned parliamentary vote on 18 August will probably negotiated constant, said government spokeswoman Gerovasili. Originally, the European negotiators had been expected on Friday in Athens. For unspecified logistical reasons, it was delayed but. Conjectures about safety concerns pointed Gerovasili back. Greece is under time pressure. It must be on August 20, around EUR 3.2 billion debt to the European Central Bank to repay and need for fresh money

On Friday had officials from the Greek Ministry of Finance, bankers and entrepreneurs on easing the end of June introduced capital controls advise. “Over time, the situation will return to normal,” Deputy Finance Minister Dimitris Mardas said then. Because of the restrictions, the Greeks may currently stand only 60 euro per day from their accounts.



portrait: Alexis Tsipras – self-proclaimed saviors of Greece Foto: dpa, sp ase tba

On Friday the authorities but allowed them to take up to 2,000 euros to travel abroad. The limit on cash transfers by companies abroad has been raised to EUR 100 000 per day. LikeTweet

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