Greece continues to believe in a solution to the standoff that pits the country to its eurozone partners. Yet twice negotiations to find how the country will finance petered out. An impasse that does not seem to affect the confidence of some Greeks.
"We must support the government says this man. He does things. We have nothing else to lose. We must regain our dignity and they will find the solution. "
"Everything is open but I do not think they will allow Greece to turn to Russia or China explains that another resident of Athens. I think they will also take a step back. "
Greece does not want to hear about the current program of assistance of the European Union, only option for the Eurogroup. Athens wants a respite of four months of its creditors to negotiate a new leaf.
MP SYRIZA, Papadimoulis Dimitrios "The Greek government does the person to blackmail. We are looking for a solution that is good for Greece but also for the whole euro zone. We do not do blackmail, and we do not accept blackmail. "
The Greek aid program expires at the end of the month. Asphyxiated with banks and funding problems, the country will inevitably closer to bankruptcy and an exit from the euro.
Olaf Bruns, euronews
Depending on which side one takes, one can have the impression that the Greek Government is like a reckless poker player who does not realize how he pushes his country to the brink. One can also have the impression that the eurozone is a bureaucratic monster mercilessly willing to sacrifice a country to the principles eventually.
Gregory Claeys, economist at the Bruegel think tank in Brussels
One can have the impression that the Greek government is sometimes a little inexperienced but in the end the substance, I think he was elected on a clear mandate to end the program set up by the troika, and suddenly, their demands are clear and sometimes justified.
It is true that the Eurogroup and the European partners of Greece have implemented a policy since 2010 was finally enough against-productive, they underestimated the negative impact of austerity.
Olaf Bruns
Is it conceivable that yesterday, Greece and the Eurozone have overplayed the confrontation eventually help get behind a compromise?
Gregory Claeys, Bruegel think tank
It's true we may think they have a bit overplayed, it was felt that they went to the clash and that it ended in a negative way, as if we really look into details, it seems, in essence, they are now quite close.
Olaf Bruns
Yesterday, the message of Greece, very briefly, was no extension of the program while the message of the Eurozone was: no discussion before an agreement to extend the program, what is the flexibility?
Gregory Claeys
On the one hand we want a temporary loan, on the other, we want to extend the program.
In the end, it's not so distant, but rather that the Greeks can not return to their country and tell their constituents that they voted for a program that is despised in Greece! So it is rather a problem of semantics.
Olaf Bruns
We are in a situation with a very short-term ultimatum Wednesday. So let's assume that there is no compromise, where did that leave Greece?
Gregory Claeys
Next month, Greece will have to repay some of its loans, then it is true that we have a real timing problem. However, recent years have shown that always managed to find a compromise even if it was at the last minute.
Olaf Bruns
Very briefly, the outlines of a possible compromise you entr'apercevez?
Gregory Claeys
I think they should agree on several points.
The first would be to not cut into debt, the second point would be a problem for reforms that would be very focused on the fight against corruption and tax evasion, and on this point, I think it does was not a priority of previous governments. Today, it is for Syriza, so I think he should play on it because it is something quite important.
And the third element would be rather on the same conditions of this debt. I think it is possible to extend some of that debt, reduce the interest rate to make it less painful in the short term for Greece.
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