“There will be no default” in Greece, ensures Juncker – publico

                 

                         
                     

                 

 
                         

While there are growing concerns about the risk of Greece defaulting in the coming weeks, with an agreement between the Greek government and its creditors to look as far as a month ago, the European Commission president, Jean-Claude Juncker came once more to clarify that the European Commission continues to be no alternative to an agreement that guarantees the permanence of Greece in the euro area.

                     

                         “We are prepared for all kinds of developments, but exclude the 100% an Grexit ,” Juncker said in an interview with Poítico, which opened on Tuesday its website dedicated to European policy. “There will be no default ,” said the leader of the committee.

Juncker did not leave, however, to criticize the lack of cooperation from Athens with the work of the institutions by showing is concerned about the fact that “the Greek Government does not make us good time to know what is happening.”

“We need clarity and we have not had,” said Juncker, who confessed to have already “lost patience “in the past with the Greek problem. “Now I am coming back to have it and not want to lose again,” he warned.

About the ongoing negotiations between the Government of Alexis Tsipras and institutions of creditors, there is, for President of European Commission signs that “started moving in the right direction” but remains “a long way to go.”

In response to the statements that have emerged in several Member States, and who argue that the zone euro is now better prepared for a Greek exit than two years ago, Juncker also warned that a Grexit could “lead to consequences whose amplitude people still do not know.”

In Monday, the president of the Austrian central bank Ewald Nowotny said the US CNBC that the Greek exit from the single currency “would not have the impact or potential impact on the euro area would have been [...] there is something like two years. “

low expectations for Eurogroup in Riga

Although the negotiations between the Greek government and its creditors, taking place in Paris, have pursued throughout the end-to-week and on Monday, the possibility of reaching a final agreement with Greece in the informal Eurogroup of Riga, on Friday, seems remote.

have- attention turned to the next Eurogroup, which will meet on 11 May in Brussels. The day after, Greece has to pay another 750 million euros to the IMF and many analysts doubt that can do if they are not released the EUR 7200 million that the country has yet to receive the European rescue program.