Occasionally Silence is Golden. Therefore, the Eurogroup decided today to sit back and enjoy some tea until the nightmare is over: the Sunday’s Referendum. “No talks in the coming days….We will simply await now the outcome of the referendum on Sunday and take into account the outcome of that referendum,” says the EG’s press release.
The EG decided to stick to its Tuesday decision not to extend the Greek program. [because]
“The political situation has not changed.”
What does the Eurogroup and Dijsselbloem mean by that???
Jeroen Dijsselbloem concludes the Press Release with an emotional touch saying “I’m very sorry about the situation, given the strong determination of the Greek people to be part of Europe…” blah blah blah
Remarks by Eurogroup President Jeroen Dijsselboem following Eurogroup conference call of 1 July 2015
“Tonight we had a Eurogroup conference call, following our call of yesterday. We discussed the two letters of the Greek Prime Minister. We also discussed the current political situation in Greece. First of all, regarding the request for the extension of the old programme which we discussed yesterday, we reaffirmed our decision of last Saturday. The political situation has not changed. There are no grounds for an extension. So unfortunately the programme expired last night at midnight.
Secondly there were the proposals from the Greek authorities to further amend the proposals from the institutions. At this point in time we simply took note of these proposals. The main decision was that, given the political situation, the rejection of the previous proposals, the referendum which will take place on Sunday, and the recommendation by the Greek government to vote No, we see no grounds for further talks at this point. There will be no talks in the coming days, either at Eurogroup level or between the Greek authorities and the institutions on proposals or financial arrangements. We will simply await now the outcome of the referendum on Sunday and take into account the outcome of that referendum.
Finally I can just say that I’m very sorry about the situation, given the strong determination of the Greek people to be part of Europe and to remain a part of the Eurozone in which we fully support them.”
source: consillium europe eu
Maybe this way Tsipras&Cª can focus on what really maters! Doing a strong NO campaign and minimizing the impacts of capital controls.
Oh, Jeroen has been crystal clear about what he means. He was expecting a political coup to houst the Tsipras cabinet already and he is up for disappointment so far. Democracy is still in place in Greece.
Remember what he said Saturday about the action of the Greek Parliament? He wanted some MPs to rebel against the coalition and bring it down there.
Tsipras, however, seems to be keeping its head cool and not folding to the pressure. Keep it up, Alexis!
ich hoffe die Griechen lassen sich nicht erpressen von Brüssel und Co.
Endlich haben sie mit Tsipras einen der dem Machtgehabe der Brüsselbürokraten und Angela Merkel die Stirn bietet.
Wenn die Griechen mit ja stimmen, werden sie zu Vasallen Brüssels und müssen das tun was Brüssel und Co sagen. Will das griechische Volk das wirklich? und nur weil sie Angst haben im Moment kein Geld von den Banken zu bekommen? Wer garantiert ihnen denn das sie weiterhin sorglos Geld bekommen wie bisher? Vielleicht bekommen sie dann zukünftig das Geld aus Brüssel zugeteilt.
Das kann doch kein Grieche langfristig wollen.
Schaut euch Polen an. Die haben ihren Zloty und können sich somit den Wirtschaftsbewegungen anpassen. Ihnen geht es ohne Euro gut.