On Friday morning Athens was
supposed to show a list of economic reforms in order to persuade the European
creditors that they “deserve” more funds. The discussion whether or not Greece
will return to the Drachma was discussed again on Thursday.
Alexis Tsipras had a three-hour
discussion that ended after 2am with Angela Merkel. She was very clear that
there would be no help provided unless she saw that Tsipras was willing to give
her a plan that he has to reform the Greek economy. Also, his plan needs to be
supported by the rest of the governments in the Eurozone.
After Tsipras agreed to deal with
issues of their own and issues in Libya and Ukraine he got a meeting with
Merkel, Draghi, Holland, Tusk and Dijsselbloem. There was a long conversation
where Tsipras was trying to convince them why Greece deserves the money. There
was not a breakthrough even though time is not on Greece’s side. At any moment
Greece can go bankrupt.
There have been multiple meetings
this week in Europe and it seems that Greece is not getting much support.
Tsipras is trying to avoid the austerity that has been going on the last few
years and Europe needs evidence that there will be a chance in order to give
them more money.
There
has been a lot of tension and no one knows what could happen tomorrow! Greece
needs to understand that they cannot expect Europe just to forget the money
Greece owes. There has to be a change on their side in order for Europe to be
willing to give more. On the other hand by refusing to help Greece, Europe has
to think what this might do to everyone else. If Greece returns to the Drachmas
and go bankrupt will Europe be OK and not get affected at all?
Eugenia Marantos
20/03/2015
10:40pm
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