Politics
LAST CHANCE TO AVOID GREXIT AFTER ENDLESS NEGOTIATIONS BETWEEN GREECE & EUROZONE
EUROPEAN EXCEPTIONAL SUMMIT JULY 12
Death of Euro for Greece (Source: www.reseauinternation.net)
USPA NEWS -
Greece approaches the disaster scenario by Sunday in a special summit in Brussels that could bring together the 28 EU countries in case of Greek exit of the Eurozone. Alexis Tsipras has expressed his proposals today in parliament and must present a roadmap today morning at 8:30 a after a long night.
DONALD DUSK PRESIDENT OF THE EUROPEAN COUNCIL IS PESSIMISTIC AND ANNOUNCES EXTRAORDINARY SUMMIT FOR JULY 12TH------------------------------------------------------------------------------------------
After the summit Tuesday, July 7, (see article : http://www.newsrama.uspa24.com/bericht-4438/greeks-have-said-no-yesterday-to-creditors-by-voting-by-popular-referendum.html) heads of state and government of the Eurozone, gather Sunday 12 July, around a special summit to conclude on the situation of Greece. The deadline is near and at high risk because it is considered that Greece leaves the Eurozone, in case of failure of agreement between the different parties.
---------------------------------Francois Hollande, expressed his willingness "to avoid Grexit" (Greece Exit) although they Grexit is getting increasingly close to maturity. While the president of the European Council, the Finn Donald Tusk said yesterday after the summit in a few moderate way "Our inability to reach an agreement could lead to a Greek bankruptcy and insolvency of its banking system. And for sure it will be very painful for the Greek people. I have no doubt that it will also affect Europe geopolitically."
ISSUES AND CONSEQUENCES IN CASE OF GREECE LEAVING THE EUROZONE-------------------------------------------
Alexis Tsipras is no longer as obvious position of strength on Tuesday just after the "triumph" of NO obtained by referendum in Greece. He holds the future of an entire country in his hands, armed of his courage, his ability to convince the basis of these decisions whose consequences will be severe, regardless of the decision taken. The choice will be more biased than ever, as the Minister of Finance Varoufakis, had just resigned and was replaced by Euclid Tsakalotos emergency.
The new minister provokes panic yesterday at the European Council with a note without proposal.
How to interpret this gesture as a negligence of debutant ? Or rather in a desired manner to give up before with too weak arguments facing the new deal negotiation? Unless it does mean that the games are already made and that the Greek decision was already taken in the direction of withdrawal already considering.
This then would mean that Tsipras has already anticipates a way out with allies as a lifeguard. The defibrillator Russians or other savior last chance to have doubt in this "to save Greece from the wreck and enjoy its vulnerability to sign a partnership or other new covenant." The issue is particularly important for Greece if it exits the Eurozone, has a geographical advantage that stirs the appetite of its geostrategic position of obvious geopolitical purposes.
The discussion about the gas pipeline to Turkey could then resume and consider the viability of this colossal project and the energy issues related which are also huge. Greece's location is also a double-edged given access to the Mediterranean sea, a good rating for its economic attraction but also the object of the massive arrival of migrants from the Middle East, whose countries are embroiled in wars and armed conflicts.
A UNTENABLE GREEK SITUATION FOR CITIZENS WHO WILL FINALLY BE RELEASED-----------------------------------Greek debt is 320 billion was too heavy even longer bear. The situation of Greek citizens is increasingly untenable when 9 out of 10 of the officials, are not replaced , non-paid pensions, dried up banks whose ATMs were robbed in recent days. The panic has recently won the population that is then expressed in a referendum by voting NO (see article) last Sunday. The widely votes cast was 61, 31% of the votes cast, does indeed reflect that 60% of people who vote.
As for the creditors, the IMF announced the sum of 50 billion euros by the end of 2018 to mop up the bulk of the debt and ensure operation "barley normal" hardly bearable.
The financial wound is much deeper than we think and healing not only leave traces but will be a long and painful cure. A rather disturbing diagnosis, despite a tenacity of Tsipras Prime Minister contemplating cuts in the future finances of the country, through structural reforms and fiscal measures
Greece is like a patient in serious condition late detection of the symptoms seen of all experts and other spin doctors did not alert the Intensive Care, now reference the sick country to the emergency department to avoid the palliative ... the treatment will be heavy in relation to the pathology and move too heavy. For more information: www.consilium.europa.eu/fr/european-council, europa.eu, ec.europa.eu/index_fr.htm-------------------
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