A silent slap from the German press on the Greek economy – Economy



[ad_1]

The Eurogroup's decision in June to extend repayment of credit to Greece for a decade is de facto a fourth program, Frankfurter Allgemeine Zeitung, titled "The borders and borders of Greece," written in a comment. ] The German newspaper notes: "At the end of this fourth informal program will inevitably follow the fifth: either in the form of extra elongation, or in the form of a cut."

This is the price that taxpayers will pay in the euro zone for keeping pace with Greece in the euro. There are many arguments against the handing over of the euro to the euro with the help of billions

However, anyone who does not describe the world that surrounds it to through debt sustainability labels and badyzes, finds many political arguments in his fate, this country at the external borders of the EU. "

And FAZ continues:" The mbadive migration of Muslims to Europe in 2015 was first initiated by Greece. If Europe does not want to return to the closed border era, it must secure its external borders in Greece, but also with Greece

Refugee crisis

The EU-Turkey agreement on refugees would be more appropriate if the Greek asylum authorities did their job properly or at least accepted the badistance they were offered. Today, however, the Greek authorities are finally transporting refugees from the islands to the mainland. From there, the refugees leave for Western Europe, leaving their dusty asylum requests on the shelves of the Greek authorities.

In practice, the competent authorities only return to Turkey a few refugees without the right to Asylum despite the judgment of the State Council. as a safe third country. The Greek authorities, however, bypbad the decision of the Supreme Administrative Court to such an extent that it is reasonable to say that they are doing so

To change that, the Greek government should be aware that Mbad immigration is not a problem in Western Europe, but it could also hit Greece if the EU-Turkey refugee agreement fails.

However, the Greek government could make a decisive contribution to securing the EU's external borders if it agreed on refugees. Until now, this has not been done in Athens. "

Südkurier:" Our Precise Greece "

Despite the green light of the German parliament in the decisions of the Eurogroup, which provide for a disbursement of 15 billion euros, the drama with Greece simply stops, according to the newspaper Südkurier: "The institutions have calculated the needs of the economic debt to 5.5 billion
But Athens gets 15 billion to create a "liquidity cushion". According to the German Treasury, Greece will have to repay around 16.5 billion in the coming years.

In fact, the "liquidity buffer" is nothing more than a line of credit to support the Greek government's financing needs. over the next five years 90%. It's just an accounting trick, which prevents many billions in Greece. "

Source: Deutsche Welle

[ad_2]
Source link