The German EU commissioner, Guenther Oettinger, said Monday that Europe should prepare for a “state of emergency” after collapsing negotiations with Athens, which would allow the extent of the bailout to Greece. The financial assistance program ends next June 30.
The Greek Prime Minister, however, has ignored a number of requests from European leaders to act quickly rather than blame international creditors by difficulties in reaching an agreement. Athens now has two weeks to find a way to resolve the impasse and unable to pay 1.6 billion euros to the IMF. A payment that potentially leave the country bankrupt
In Greece, according to Reuters, there are no signs of panic, despite the words of the German Commissioner:. “We must work on a contingency plan because Greece would fall into a state of emergency “, Oettinger stressed, referring in particular to the difficulties that would follow the situation in terms of energy supplies, payment to the police and procurement of medicines and other pharmaceutical products.” Alexis Tsipras, the Prime Minister, says only that Greece is waiting patiently for the lenders change their mind and be realistic. “We have no right to bury European democracy in the birthplace,” Tsipras said.
Athens refuses to make cuts in pension systems, as required by the International Monetary Fund. Earlier on Monday, Gabriel Sakellaridis, the spokesman for the Greek government, blamed the international creditors by the failure of the negotiations over the weekend, ensuring that Greece will continue to work towards reaching an agreement but without abdicating its conditions – especially in terms of pension cuts or tax hike – to prevent the continuation of the vicious cycle of austerity. Sakellaridis also denied that Athens is considering early elections, “we have a mandate to govern until 2019,” he said
The spokesman of the Greek Government added that Athens is not considering to present a new counter. creditors. “We have largely gone beyond our limits,” said Sakellaridis, adding that there is no reason why the current Greek proposal is not enough.
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