Steps claims idea that helped unlock negotiations … – Jornal de Negócios – Portugal

Steps claims idea that helped to unblock negotiations and refusal humiliation to Athens

The Portuguese prime minister says it was his idea that eventually avenge the privatization plan in Greece and rejected the idea that Athens has been the target of threats or humiliation.
 

The Prime Minister, Pedro Passos Coelho, said today in Brussels that “Portugal has always maintained a very constructive attitude” in negotiations with Greece and pointed out that it was even his idea that helped unlock the final hurdle.

“I must say until, oddly enough, the solution turned out to unlock the last problem that was open, it was just the solution for the use of the fund [privatization], came from an idea I suggested itself. This means that even had, by chance, an intervention that helped unlock the problem, “said Passos Coelho, at a press conference at the end of the eurozone summit.

According to Passos Coelho, was Portugal that suggested that the value of 50 billion fund, “25 billion could be used to, in a sense, power privatize banks that are now being recapitalized “and that” above this amount, it could then make a use wants to shoot down the public debt, wants to be able to finance growth in equal parts. “

” It was just an idea that I suggested and to see that turned out to be used by negotiators with the Greek prime minister, “Alexis Tsipras, he said.

The Portuguese prime minister said that” the agreement in principle “reached today with Greece, after a negotiating marathon in Brussels, “is balanced” and rejected the idea that Athens has been the target of threats or humiliation.

At a press conference at the end of a summit of the eurozone which ended this morning, the cable 17 hours, with a compromise on a third “bailout” for Greece in exchange for a series of conditionalities for many classified as “humiliating” for Athens, Pedro Passos Coelho said he saw no “as can be seen as a humiliation” a new aid “almost over 86 billion euros, more than Portugal received a single program.”

The Portuguese prime minister pointed out that between previous funding in the light of the two previous assistance programs and forgiven debt, “Greece will have received and seen forgiven more than EUR 400 billion,” which accrue now 86 billion euros, so this can only be seen as “a responsible and united action” of partners Athens.

As for the ghost of an expulsion of Greece from the euro zone, the so-called “Grexit”, pointed out that, in fact, “during the Eurogroup meeting did not fail to consider the possibility of an outflow of Greece’s eurozone if an agreement was not found “, but considered that this can not be considered a threat, but rather” a finding of a natural consequence if there were an agreement, “since, in this case, Greece would have” no conditions to remain “in the single currency area.

The summit of the eurozone, which began Sunday afternoon, ended this morning after 17 hours of negotiations, an agreement in principle with around a third bailout of Greece for three years, worth about 86 billion euros, with a series of conditionalities that the Greek authorities must begin to legislate and implement immediately.