EU to tell Greece time, patience running out

Essentially, Germany enacted good parenting skills and let Greece with its defiant belligerence cry itself into fatigue like a cranky baby for all the world to see. Germany still gave them what they wanted (bailouts) for a limited time in a passive aggressive manner to publicly show Greece overplayed its cards in hand.  Now we’re seeing a new game plan, and that’s to say the screws will be tightened on Greece now that other EU member nations are getting fed up with the whining and desperate tactics, such as playing the Nazi reparations card or kicking the Troika out. However, make no mistake about it, there are no innocent parties, the Euro was designed to fail and all roads still lead back to Berlin which has the entire European continent where it wants it: Under its control.

 

Euro zone leaders will tell Greece on Thursday that time and patience are running out for its leftist-led government to implement agreed reforms to avert a looming cash crunch that could force it out of the single currency.

“I will repeat to him what I’ve already told him twice: Greece must undertake the necessary reforms, Greece must ensure that the commitments it made to the Eurogroup in 2012 and more recently are followed up on,”European Commission President Jean-Claude Juncker told France’s Europe 1 radio.

German Chancellor Angela Merkel delivered the same message in a speech to parliament ahead of the late-night Brussels talks and a crucial visit by Tsipras to Berlin next Monday, saying the crisis could only be overcome if Greece stuck to agreements.

European Council President Donald Tusk, who will chair the summit, said he arranged a side-meeting with Tsipras to take the heat out of exchanges around the main table. It would, however, not be decisive as leaders would go on trying to avoid Greece being inadvertently shut out of the euro — a “Grexident”.

EU chief executive Juncker has been trying to build bridges between Tsipras and Greece’s creditors. His tone of exasperation suggested even Athens’ friends are angry at his government’s mixture of belligerent rhetoric and procrastination.

Another sympathiser, the German Social Democrat speaker of the European ParliamentMartin Schulz, warned: “We need to keep our cool. The government in Athens must understand that it is pointless to have an ideological debate.”

EU sources said Greece had refused to provide any update on public finances or reform plans in a conference call of senior euro zone officials on Tuesday and had denied EU, IMF and European Central Bank experts access to government buildings in Athens, insisting all meetings take place in a hotel.

Full article: EU to tell Greece time, patience running out (World Bulletin)

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