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Monday, December 29, 2014
The failed presidential election in the Greek Parliament calls the first international donors to the plan. The International Monetary Fund turns off the tap to the formation of a new government.
The International Monetary Fund (IMF) continues its emergency loans for Greece to the formation of a new government. The next loan tranche could be paid only if, if, after the planned January election, a new government was formed, said the IMF in Washington. The fund was responding to the final failed election of a head of state in the Greek Parliament, which entails the dissolution of parliament and early parliamentary election after themselves.
The negotiations on the next tranche of emergency loans leads the IMF together with representatives of the European Commission and the European Central Bank (ECB). The talks between the Troika, Athens would not resume “when a new government,” said IMF spokesman Gerry Rice. He added that Greece had no “direct” financing needs.
the end of February runs the utility to Greece from. The euro zone had extended it on December 8 by two months in order to have more time for the review of the Greek finances. Then decide whether the remaining seven billion euros will be paid to emergency loans. Otherwise, Athens threatens the assessment of the incumbent government from spring insolvency.
In the early elections scheduled for January 25, the Syriza Alexis Tsipras could the conservative New Democracy (ND) of the incumbent government Antonis Samaras surpass. Tsipras wants to end the austerity and achieve debt relief.
Schäuble insists on continuing the reforms
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Meanwhile, the Federal Finance Minister Wolfgang Schaeuble warned Greece in view of the upcoming parliamentary election against any deviation from the austerity measures. “If Greece will choose a different path, it is difficult,” it said in a statement his ministry. The reforms in Greece called the CDU politician as alternative. Schäuble announced that Greece should be further supported “on its path of reform with help themselves.”
The President of the German Institute for Economic Research (DIW), Marcel Fratzscher, looks despite the tense political situation in Greece no significant danger to Europe. “I do not expect a significant setback for Europe through the political crisis in Greece,” he said. “Many other crisis countries in Europe are on the right track, important reforms have implemented and see first economic success.”
Source: n-tv.de
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