Greece's economy Minister Giorgos Stathakis (right) and Finance Minister Euclid Tsakalotos (left) attended the session of the Parliament in Athens, Greece, Friday (13/8). The members of the Parliament of Greece debating a draft bill on the bailout deal Greece last, which his Government is expected to be approved before a meeting of eurozone finance ministers in Brussels, Friday (8/8).
Athens. Greece's Prime Minister Alexis Tsipras Saturday (15/8) is facing a massive revolt from among members of the left-radical party boss who opposed aid bailouts (bailout) third in a large sum for a country that is hit by the crisis. Treasury Secretary 19 member countries of the euro zone Friday night and then approve a package which will allow Greece received 86 billion euros ($ 96 billion) over three years in return for his agreeing reform pro-markets.
The
green light for the deal, which is designed to make Athens spared from
default (fails to pay) a large loan and was forced out of the euro, a
few hours after the Parliament of Greece declared its approval after a
fierce debating all night.
The third lawmaker in the party of the radical-left Tsipras, Syriza, rebelled against Tsipras, and won the vote with the help of the opposition--which led to the emergence of new expectations that he did ask the Tsipras be forced early elections.
However,
Tsipras confirms that the bailout is for the best interests of Greece
by saying, "the agreement will promote Greece by making their financial
systems become more stable, starting now."
Syriza
ruled since last January amid a wave of public outrage against the
sharp tax increases, budget reductions and reforms demanded by the
lenders of Athens--the European Union (EU), the European Central Bank
(ECB) and the International Monetary Fund (IMF--for two previous bailout
aid.
party accuses Tsipras submit to blackmail lenders in agreeing a much more painful reforms to help the much-needed funds.
European
Commission Chairman Jean-Claude Juncker said, Athens was almost move out from the euro zone, but negotiations for six months is finally
bearing fruit. "I'm delighted all parties appreciate their commitment. Greece rose with an ambitious reformation commitment, "he said in a statement after a six-hour painstaking negotiations in Brussels, Friday (13/8).
The first installment
Greece
will receive the first instalment of euro 13 billion this week, which
helped cover the payment of the debt to the ECB are due later Thursday. The eurozone finance ministers said, the first 26 billion euro bailout will include payment "soon" 10 billion euros to Greece banks, which lack extra cash after snatching panicked clients withdraw their money.
The
deal still must be approved by Parliament in several European countries
to be continued--especially in Germany, Europe's main funder, in which
members of Parliament will convene Wednesday.
Tsipras
now faces the task of implementing the reforms--many of whom must be
authorized by law, a prospect that is worrying in Parliament where many
members turning against it.
According
to the newspaper, Kathimerini, Greece Saturday yesterday almost 40 laws
on tax, competition, social security and pensions, should be ratified
and implemented as of the end of this year.
Tsipras told its partners in Europe that early elections inevitable.
Just the thing, when the voting will be done which makes Tsipras
headache. Elections in September could give more power to block the left
Syriza with give a little time for them to this group, but this could
delay implementation of the bailout.
Voting
in October, on the other hand, could benefit from Tsipras first report
the lender a fun--but it can be annoying if it is to make a high
popularity rating sagged when reforms first implemented.
The
approval was far from economic management to include reform of the
existence of the system of health and social welfare of Greece, its
business practices and public administration.https://www.mql5.com/en/signals/120434
