Wednesday was led in a negative mood related to Greece and its rescue plan, based on proposal from the Greek Prime Minister Alexis Tsipras. The European Central Bank President (ECB) Mario Draghi expressed doubts about quick solution to Greek crisis.
After talks in Brussels, Draghi was asked after landing in Rome if there is really a solution and he responsed: “I don’t know, this time it’s really difficult.”
His skepticism is only adding fuel to Greek fire as Tsipras has still not brought any useful proposal with reforms for creditors. Because of this stance, Tsipras has been strongly criticized in the European Parliament by various representatives. Euro-skeptic and UKIP leader Nigel Farage nevertheless told Tsipras to leave the eurozone and reclaim country’s democracy.
The most impressive has been a liberal leader in the European Parliament, Guy Verhofstadt, requesting Tsipras to end with clientelism in Greece and to show he is “not a false prophet.”
You can find his speech and response here.
Another topic being discussed is the Russian aid for Greece. Draghi responded quickly to reporters if Russia is about to help: “I don’t believe so, I don’t see it as a real risk … and then, they don’t have money themselves.”
Poland’s Tusk warned that the “inability to find agreement” could end in a “bankruptcy of Greece and the insolvency of its banking system.”
“I have no doubt that this will affect all of Europe, also in the geo-political sense,” Tusk added.
As for any kind of write-off, Germany stands strictly against as it would be regarded as illegal under the EU Treaty.
Over 6 European leaders already stated that this is the last chance for Greece. Any failure to provide reasonable proposal could force the indebted country to leave the eurozone.
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