Galery

1

British think-tank OpenEurope has increased the probability of an eventual GREXIT from 25 to 40 percent, almost twice as high as the probability in 2012. Analysts explain their decision with the almost zero expectations that the euro zone finance ministers can arrive at a compromise for Greece at today's meeting. The differences are both short-term and long-term, and no bridging agreement can overcome them. According to representatives of OpenEurope, there is still a chance for an agreement but the room for manoeuvres and the time available to both sides are minimal.
     Meanwhile, French journalist Caroline Roux, cited by the Greek Mega TV, reported that, according to President Francois Hollande, today Europe is ready to deal with the consequences of a GREXIT, unlike in the situation of 5 years ago. In an interview with Europe1 radio station Roux said, "GREXIT is absolutely on the negotiating table. Both Brussels and the highest level of national governments are seriously examining that option and I can assure you that the President himself had discussed this option as well. A few days ago, he told me that if Greece had to leave the euro zone 5 years ago, it would have dragged down Spain, Italy, Portugal. Nothing like that will happen today. It is quite obvious that Europe can cope with this scenario."
     Caroline Roux commented on Greece’s Minister of Finance Yanis Varoufakis, whom she defined as "an economics professor who tries to teach all and I assure you that neither the European Commission nor the Ministers like it." A participant in the French delegation of the Eurogroup determined Varoufakis as "a man from another planet." "What the European Commission expects from Tsipras’ team is to respect the commitments made by the previous government. This is the rule. This is how it happens in Europe. And here is the big problem," the French journalist concluded.