Monday, July 13, 2015

Tsipras government will have to give evidence of a “commitment very … – Digital Journal

Finance Minister today stressed the “very strong commitment” of the whole euro area “to do everything” for the success of the agreement reached with Greece, but stressed that Athens has to demonstrate its determination.

Speaking at the end of new Eurogroup meeting, hours after being reached in Brussels an agreement in principle in the euro summit on the foundations for a third “rescue” of Greece, Maria Luís Albuquerque pointed out that “it was an effort of all and of course also the Greek Government, by accepting set of conditions discussed and reaching common ground.”

“Confidence, however, is something that is lost very quickly and it requires a long time to be determined, and therefore the Greek government is also aware that it will continue to demonstrate their commitment and their determination to return to deserve the fullest confidence, “he said.

The minister insisted particularly on the need to “implement on the ground” of the agreed structural reforms and considered “fundamental” as or more important than the budgetary targets.

On the side of the remaining 18 euro countries, said that its commitment “is obviously full” and make “everything possible” to ensure continued support to Athens and the success of the third financial assistance program.

Asked about the removal of Yanis Varoufakis the Minister of Finance position of Greece, and replacement by Euclid Tsakalotos helped to an understanding, Maria Luís Albuquerque noted that “it may seem, but decisions are never custom”.

“Regardless of us we can have more or less sympathy for each other, because, finally, we spent many hours together, especially recently, have spent many hours together, decisions are not influenced by that kind of personality assessment. We are talking about extremely important matters, “he said.

Maria Luís Albuquerque confirmed that the” tentative timetable “for the program to be set in motion is” four weeks “, given the necessary procedures there, but he said all are “working hard” to find a solution concerning the call “bridge financing”, the immediate help that Greece urgently needs to address the most pressing financial needs.

“We are talking about a decision that will have to be taken in the coming days, literally. This week yet, “said

Digital Diary with Lusa

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