Greece: Solution is Not Visible Yet
During the past few weeks Greek government has been meeting the creditors numerous times but the latter have always rejected any new proposals by the Greek government.
The sides try to hammer a deal as a sign that they were moving closer to a compromise despite the protests on the other side's proposals’ unacceptability. In other words each side is trying to show they are giving less compromise.
Talks between the
On Sunday, June 14 the last round of negotiations took place between the sides. However, the Greek counter-proposal was not convincing and the meeting ended within 45 minutes. Under the Troika’s joint proposal,
According to an ICM poll, conducted in late May on who should pay the Greek debt and involving over 4,000 respondents in the
In the end it’s all about concessions from both sides.
It has already been four months, the negotiations proceed with no result. The Greek government says it wants to reach a deal with creditors to stay in the Eurozone, but it will not agree to deeper cuts in pensions and workers’ rights. As it comes to Alexis Tsipras, he cannot make any concessions unless he is able to persuade his own party those are necessary. The result of trying to make some more concessions was that he got rapprochement from Syriza.
So, nobody wants to give in, it would mean being defeated.
What is quite interesting is that the Greek PM appears in public with a wide smile and tells the journalists they will find a solution. He knows they don’t want to loose
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