Den græske regering har fået en deadline til midnat for at levere et nyt forslag til en løsning.
Det politisk pres på eurolandenes chefer fra USA og Frankrig kan betyde, at euroland bøjer af og alligevel føjer den hazard-spillende græske regering.
Fra Guardian.
French finance minister Michel Sapin has also weighed in on the Greek crisis.
Reuters has the details:
“Balanced budgetary strategies are necessary and efforts are needed to boost investment,” Sapin told a conference in Frankfurt. “We must find the right balance between indispensable budgetary consideration and boosting growth.”
Regarding Greece, Sapin said there was a need to rebuild confidence and trust to find a solution to the current crisis
Over in Frankfurt, German finance minister Wolfgang Schäuble called for the eurozone to be strengthened to avoid a repeat of the Greek crisis.
Schäuble warned:
“A monetary union constructed like ours is nothing but an invitation for somebody that doesn’t stick to the rules and that’s called moral hazard.”
Schäuble added that Greece can’t expect any help until it’s taken ‘prior actions’, and there’s no sign of that yet.
Hopefully Greece’s new proposal, due by midnight, will illuminate that point.
Schäuble says he hasn't seen any Greek prior actions yet, while everyone knows they are discussed now in Gr Cabinet & will be sent tonight.
— Yannis Koutsomitis (@YanniKouts) July 9, 2015
For all its concern about Greece’s debt sustainability, the IMF isn’t planning to offer any relief itself.
Olivier Blanchard, its outgoing chief economist, has pointed out that poorer countries (Fund members themselves) haven’t received the kind of treatment Athens is seeking:
