Athens, June 28, 2015/ Independent Balkan News Agency
By Spiros Sideris
According to government sources, the Greek prime minister told the German Chancellor and the French President that whatever decision takes the Eurogroup, the Greek people will have oxygen and will survive next week.
Angela Merkel and Francois Hollande urged Alexis Tsipras to take back the referendum, but the Greek prime minister, although there is no longer an agreement proposal from the institutions – was adamant and said that Democracy is the supreme value in Greece and the referendum will be independent from the result of the Eurogroup.
Non paper of the government against the institutions
“Mr Dijsselbloem and the Eurogroup decided Thursday to give an ultimatum to Greece to accept the proposal of the institutions. Today (Saturday), they suddenly discovered that Greece broke off the negotiations!
The whole international public opinion aware that the Greek government submitted a comprehensive and credible proposal, which on Monday at the EuroSummit was considered as a very good basis for discussion.
The institutions submitted absurd proposals that would not be accepted by any Greek government. When ultimatums are delivered, often times they are returned.
The Greek people next Sunday decides for its dignity, undistracted from brutal extortion”.
Rejected the request for extension (and thus for funding)
However, the Eurogroup rejected the request by Greece for one month extension of the program.
This means that on June 30, Tuesday, the program ends and thus cease to apply and the proposal of lenders which is the basis for the referendum in Greece!
At the same time, with the ECB in an official statement says: “The Governing Council will meet in due course to discuss the situation. The ECB closely monitors developments”.
We are preparing measures for Greece
We are preparing measures for Greece said Jeroen Dijsselobloem, stressing that the finance ministers will continue their Eurogroup meeting «to discuss the next steps to maintain the credibility of the euro zone”, without however the presence of Yanis Varoufakis.
Eurozone finance ministers took Yanis Varoufakis out of the meeting and continue their own meeting on PLAN B, that is what will happen with Greece.
In a dramatic meeting of the Eurogroup, finance ministers said no to an extension of the Greek programme.
Dijsselbloem requested the withdrawal of Varoufakis so that all the finance ministers of the Eurozone countries discuss the PLAN B for Greece and the measures taken in case of bankruptcy.
The joint communiqué signed by the members of the Eurogroup, except Varoufakis
“From the agreement of February 20, 2015 to extend the existing financial assistance agreement, intensive negotiations took place between the institutions and the Greek authorities to successfully complete the evaluation. Given the prolonged impasse and urgency of the situation, the Institutions had submitted a comprehensive proposal with the policy conditions, making use of the given flexibility within the current agreement.
Unfortunately, despite the efforts at all levels and the full support of the Eurogroup, this proposal was rejected by the Greek authorities who suspended the negotiations on the program unilaterally late on June 26. The Eurogroup Notes the significant disbursements of money and the support provided to Greece in recent years. The Eurogroup was open until the last moment to further support the Greek people through the continuation of a program with a developmental orientation.
The Eurogroup takes into account the decision of the Greek government to submit a proposal for a referendum, which will take place Sunday, July 5, a date which is after the program ends. The current financial aid deal for Greece will expire on June 30, 2015 and all agreements relating to the current Greek program, including the transfer from eurozone members SMP and ANFA of equivalent profits.
The authorities of the Eurozone stand ready to do whatever is necessary to safeguard the financial stability of the eurozone”.
* The Communication is supported by members of the Eurogroup except the Greek representatives