Varoufakis has rejected an exit from the Eurozone and an
agreement on its debt with unreachable economic targets. Lagarde, the head of
the IMF will not agree on any extension. Greece is expected to pay the
scheduled bailout payment. Varoufakis
states that they will not be signing anything that they cannot do. There are
concerns that on the 24th of April Athens will miss the deadline for
a new loan. A new deal would help the country “breath”. The country would be
allowed to make payments to the IMF and the ECB over the next two months.
Varoufakis said that the two sides shared common ground. The
longer they negotiate though, the longer it will take Greece to get out of the
crisis. Lagarde met with Varoufakis in Washington and agreed that Greece and
its lenders need to start to evaluate Athens and come to agreements.
There are no real decisions made. For months now there have
been many ups and downs and back and forth decisions. Greece has been trying to
get through and has been going around trying to find solutions. They have been “begging”
for money from all around in order to save themselves.
Ultimately they are trying to do what is best so they can
get by and they can avoid the suffering of the people. Tsipras and Varoufakis
have been working since January, when Tsipras was elected, in order what is
good for their country. They have been traveling non-stop from country to country
in order to find a solution… any solution that is for the benefit of all.
Eugenia Marantos
04/17/2015
3:54PM
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