They play with our nerves and empty our pockets. The sooner they go, the better for Greeks. Then it seems Greeks and Greece are two different entities. Greeks don’t want to be saved by the IMF. Because they believe that they maybe saved, give to IMF and European lenders their last slip and baby bottle and in two years it will be declared that neither the short-term, nor the mid-term, neither a possible long-term Memorandum of Understanding could not save Greece from bankruptcy. At the same time entrusted funds will have their fingers in all state assets and properties. Ops! I was too quick again! I wrote my comment before the news….
The news: according to Washington-correspondent of Greek private television channel Mega:
The IMF puts conditions again to give the fifth tranche of the €110 billion bailout. The IMF will hand out the fifth tranche only if it receives assurances that guarantee refinancing for 12 months.
The current refinancing assurances reach March 2012, but not July of the same year. So the ball is in the hands of the Europeans to find a solution that would temporary rescue Greece and the Europeans from the collapse of the eurozone. And the banks. The extraordinary meeting of the Eurogroup is scheduled for tomorrow, June 14th, and it looks as if the IMF is on the blackmail tour again.
Should the fifth tranche won’t arrive, Athens will run out of money on July 15th and be unable to pay civil servants salaries and pensions and its lenders -so said Greek Finance Minister George Papaconstantinou last month.
