Süddeutsche Zeitung: Partners have emergency plan for Greece

Süddeutsche Zeitung: Partners have emergency plan for Greece

Athens, June 16, 2015/ Independent Balkan News Agency

By Spiros Sideris

If no solution is found in the coming Eurogroup, there will be a new Summit of Heads of States on Friday and there it will be asked from Greece to pass a law for capital control

New summit of EU leaders will be held next Friday if talks on the Greek issue in Thursday’s Eurogroup fail to produce a result.

This according to the website of the German newspaper Süddeutsche Zeitung, which points out that everything suggests that it will hardly be a solution for Greece in the new meeting of finance ministers of the Eurozone and at the same time presenting a horror scenario for the country.

In particular, citing German sources, the newspaper also makes a reference to the steps that the Europeans are prepared to offer to Greece, in order to reach an agreement.

According to the publication broadcasted by Mega television on Monday night, if a new Heads of State Summit takes place it will be asked from Greece to proceed with a special law for capital movement.

The Süddeutsche Zeitung points out that if the Greek government does not pass such a law, then it will be isolated from the financial system.

Yet at the same time, reports indicate that in the Summit – if it takes place – a possible political solution will be sought for Greece and Athens will eventually proceed with the extension of the current program until November and funding of EUR 25-35 billion.