Greece and the euro area towards a compromise

"We are obliged to respect them because they are the founding rules of the EU Treaties"

The European Union remains focused on the Ukrainian crisis. At the Brussels summit, 28 have confirmed they will play again intermediate between Kiev and Moscow. But the EU is also ready to impose new sanctions in Moscow if the cease-fire agreed in Minsk is not applied.

Another big issue, Greece. The first European Summit of the new Greek leader was heated. The eurozone has the impression of having already done much to Greece and Athens is desperate to turn the page of austerity.

"As you have heard, the Greek government said it could agree on 70% of the existing program, said President of the European Commission Jean-Claude Juncker. We have to see what those 70% on which the new Greek government agrees. And 30% on which there is no agreement we have to see what must be done. "

Alexis Tsipras calls for a reduction in debt of his country, with a new program less painful socially.

It must satisfy both Europe and its constituents.

"We disagree with the stringent rules of budgetary discipline, the Stability Pact, said Alexis Tsipras, but we have to respect them because they are the foundational rules of the EU treaties. In this way, I think this is the essential compromise, the crucial combination to respect the basic principles. The principles of democracy and rule. "

After the failure of a Eurogroup meeting on financing of Greece, Athens and the euro area have decided to launch today of the technical work to facilitate the next meeting of the Eurogroup on Monday. Efi Koutsokosta, our correspondent in Brussels, confirmed that the first summit for Alexis Tsipras ended with a temporary truce despite tensions. European partners will now scrutinize the negotiations of the weekend and of course the result of the Eurogroup meeting on Monday. "