It is one of Greece’s most dramatic nights: Euro-Leaders continue talks with Prime Minister Alexis Tsipras demanding from Greece the stars, the sky and the sea In fact everything, literally everything what the previous governments since 2010 have failed to implement. Everything, even the small letter of Memorandum of Understanding I and II and even some ideas Germany had some years ago, like the Trust Fund.
Many of the MoU I and II demands were proposed by the International Monetary Fund, others carry the signature of Germany and Finance Minister Wolfgang Schaeuble.
And they threaten Greece with ‘time out’ – a temporary exit from the Euro – exactly as Schaeuble dreamed of.
Below is the 4-page Draft Statement Document prepared by the Eurogroup. The document is the EG’s proposal to the Euroleaders and the basis for tonight’s talks with Greece.
Read and enjoy or freeze!
Tsipras held a separate meeting with Merkel, Hollande and Tusk, Tsakalotos with Sapin and Schaeuble.
Talks continue in Brussels.
According to latest information for Tsipras, the Trust Fund in Luxemburg, where assets worth €50 billion should be transferred is RED LINE.
It is a matter of national sovereignty. And reminds so damn’d of the German Treuhand that sold off the ex-DDR assets for a piece of bread. The Trust Fund is not new on the demands list.
It is not even an issue of whether Tsipras could pass such measures throughout the Parliament. For many Greeks and meanwhile Eurosceptic Europeans, it is a power game against Greece, aiming to destroy the country and humiliate its democratically elected government.
All Greeks I spoke with today, they told me, they don;t care anymore what will happen. They are exhausted.
The rest is waste of time and of four sheets of paper.
HERE are the links to Schaeuble’s Trust Fund from 24.08.2011 – plan worked out by Roland Berger Firm: €60 bn assets to Trust Fund + €65 bn from EFSF
PS not sure if I will allow comments on this post…