In a recorded statement, Jeroen Dijsselbloem told the press:”We believed to receive some proposals. I want to hope that Greece will send us the proposal tomorrow so we can start negotiate.” Asked about whether the ECB would increase ELA for Greek banks, Dijsselbloem said that “ECB is an independent body.”
Video: Dijsselbloem after Eurogroup
Greece is allegedly to apply for ESM loan tomorrow.
According to some sources from Brussels the Eurogroup meeting concluded after 2.5 hours, or after 45 minutes according to others.
Greek state ERT TV reported: FinMin Tsakalotos presented the Greek positions verbally at the Eurogroup.
A Eurogroup teleconference may take place tomorrow Wednesday.
PM Alexis Tsipras is expected to meet with Chancellor Angela Merkel and President Francois Hollande before the EU Leaders Summit, scheduled to start at 6:30 pm Brussels time.
According to some sources, PM Tsipras is to hand the new Greek proposal to EU leaders later today and to Institutions tomorrow.
Tsipras will hold a speech at the EP’s Plenary tomorrow at 10:45 am.
Keep hearing that Troika cannot get their act together. That’s “by design”. A drastic change has occurred with expiration of the second bailout. Troika does not exist, for a time being. Eurogroup, ECB and IMF will now say different things which does not mean any disagreement. It’s just that, at the moment, they do not coordinate their actions. Also, since Eurogroup does not have a program for Greece anymore, you hear 18 finance ministers voicing their own opinions.
That is another time consuming obstacle to overcome, because in the end, there cannot be three different programs for Greek government. There could be many separate humanitarian programs from different governments and private group (e.g. churches).
Diaspora and friends are doing humanitarian aid for years now, they are professional in this
Many Eurogroup finance ministers and government leaders openly expressed their frustration that a proposal was not presented by the Greek government on Tuesday, even though Tsipras promised that to Merkel on Monday. Apparently, Dr. Tsakalotos came to the meeting with bullet points written on a notepad from his hotel room. On the positive side, the Eurogroup members appreciated the change of tone from the new Greek finance minister.
political decisions are been taken by leaders not by leaders’ puppies
I am not sure I interpret this comment correctly. However, if Mr. Tsipras needs to reneg within a day on his promise to deliver a proposal in order to show the Greeks he is a leader, I can understand why the crisis is only deepening.
A real leader cares more about delivering a positive outcome to his people. The grandstanding might help, but usually it only hurts that cause and should not be a goal in itself. IMHO, the increasing deficit of trust between the Eurozone partners has been the greatest obstacle in finding a solution to the Greek crisis.