Last Update: 10:10
Greece has made its own concessions to complete the second program review and implement reforms and it is now time for Germany and the International Monetary Fund to make their own, Prime Minister Alexis Tsipras said, addressing the general assembly of the Association of Industries of Northern Greece in Thessaloniki, AMNA reported.
“We have made our own concessions and it is now time for Germany and the International Monetary Fund to make their own,” he said and expressed his belief that in the three remaining weeks “everyone will rise to the occasion and do whatever is necessary so that after seven years the road towards an exit from supervision will open widely.”
“We expect our partners to finally respect the sacrifices of the Greek people with a comprehensive deal that will end the country’s bondage,” he noted.
Continuing on the efforts to achieve an agreement with the institutions, he said his government made a great concession to fulfill one of the two conditions presented by the IMF to participate in the program, which was to legislate in advance measures for 2019 and 2020.
“And now it is the duty of Europe to satisfy this second condition, which is the measures on debt, because it was Europe, or some of our partners, who demand the participation of the IMF and this participation cannot be a la carte. That is, we cannot say yes to reforms and the measures and no to debt. You canÎ„t have your cake and eat it too,” he said.
Responding to why Monday’s Eurogroup failed to produce a deal on debt, Tsipras said it was because there was an effort to promote a “blurred solution”.
“A solution that would perpetuate the problem. A solution that did not correspond to the economic climate, the fiscal results of the Greek economy or the sacrifices of the Greek people,” he said. “Right now, Greece and Europe need a clear solution. A solution that, one way of another, will cut the Gordian knot,” he noted.
Tsipras said Greece proposes a clear way out: “A proposal on Greek debt that will constitute the minimum common denominator. For Greece, for Germany, for the Fund, but also for all other Eurozone countries and European institutions.”