No new written plans from Greece, say officials
He did not name names but may have been referring to German Finance Minister Wolfgang Schaeuble, who has made no secret of his skepticism about Greece’s fitness to stay in the euro.
“You know, there was a promise for today”, said Lithuanian President Dalia Grybauskaite. “If they don’t do that, then I think it will be over quickly”. Lithuanian President Dalia Grybauskaite complained: “With the Greek government it is every time manana”.
Dutch Prime Minister Mark Rutte said: “They must make a decision, this evening or tonight, what they are going to do. I’m also somber about the question of whether Greece really wants to come up with proposals, with a solution”.
“Until now I have avoided talking about deadlines”, Donald Tusk, president of the European Council, said on Tuesday, as reported by the New York Times.
Greece is facing a critical moment.
“Markets seem to be losing patience and faith in the Athens’ debt crisis ending with Greece’s banks intact and the country still a member of the euro zone”.
Greek Prime Minister Alexis Tsipras said Wednesday he was confident of meeting an end-of-the-week deadline set by eurozone leaders to reach a bailout deal or risk leaving the euro.
European officials were cautious about the prospects for progress.
Thanasis Koukakis, a financial journalist in Greece, apparently enlarged a photograph of Mr. Tsakalotos holding his notes and posted the image to Twitter. “We did that already in 2011”.
“We will also include additional actions that the Republic will undertake to further strengthen and modernize its economy”.
Greece will on Wednesday present a revised bailout request “taking into account” the concerns of worldwide creditors and seek aid to tide it over until the end of the month, a government official said.
In Sunday’s referendum, Greeks voted by 61.31 percent to 38.69 percent to reject austerity terms in exchange for releasing more funds under an international bailout package. While the European Central Bank chose to keep Greek banks propped up with emergency funds, it tightened the terms of the liquidity on offer. Its banks won’t reopen until Thursday at the earliest after the European Central Bank refused to increase assistance.
The head of a conservative group in the Parliament, Belgium’s Guy Verhofstadt, said he was “furious” at Tsipras failure to spell out specifics of his reform plans.
After talks with Hollande earlier in the day in Paris, Merkel said, “We say very clearly that the door for talks remains open and the meeting of eurozone leaders tomorrow should be understood in this sense”. But with positions converging after five months of conflict, the new Greek minister said the euro zone was now in a world of “non-Euclidian geometry”. Greek banks are running out of cash even after the government shut them last week and placed limits on how much depositors can withdraw or transfer.
“Personally I am skeptical a deal will be found”, Slovakian Finance Minister Peter Kazimir told reporters. He also said it was “an idea the prime minister judged to be potentially helpful to him in reaching an agreement” with Greece’s creditors.
But instead of a written dossier, Greece’s new finance minister, Euclid Tsakalotos, spoke about his country’s intentions to rein in costs and reform its creaky fiscal underpinnings.