Greek Crisis: Hollande and Merkel waiting “proposals … – The World

After the non-Greeks (61.31%) in the referendum on the reform plan of the creditors (IMF, European Central Bank, European Commission), is a restless Monday experienced by the European Union .

• “Specific proposals from the Greek government” expected Tuesday

The Greek government is expected to turn after his plebiscite in the polls. German Chancellor Angela Merkel and French President François Hollande gave Monday evening at the Elysee a brief press conference, during which they were united after disagreements in recent days on the Greek case. If Berlin has always displayed his vis-à-vis intransigence of Athens, Paris showed more hope to find common ground.

Recalling both the “solidarity” of Europe, the two leaders hammered that the latter, however, accompanied if “responsibility” now expect both Athens proposals “serious, precise and credible “. “There is a lot of time, there is urgency, urgency and emergency for Greece for Europe” , added Francois Hollande. Angela Merkel stressed for his part that it was also necessary to count on “the reaction of the eighteen other countries,” in the euro area as “that too is democracy “.

Earlier in the day, the Greek prime minister, Alexis Tsipras, announced Tuesday that he will present at the European summit new proposals for an agreement with creditors. The 19 finance ministers of the eurozone will discuss the proposals during a Eurogroup to be held at 13 am in Brussels, before the heads of state and government meet in 18 hours.

Europeans ahead already divided, Germany was intransigent since the announcement of the referendum results, while qu’l’Espagne said for his part n ‘ consider “absolutely not an exit of Greece from the euro”. The German Vice Chancellor Sigmar Gabriel announced that the leaders of the eurozone will be looking at a “help humanitarian “ to make Greece

Read our explanations. Greek Crisis: Three Scenarios after no in the referendum

The first consequence, paradoxically, the Greek referendum, the economy minister said Monday he was resigning from the dawn of its post. Yanis Varoufakis, economist of 54 years, had nevertheless welcomed the victory of the no, but he preferred to withdraw to facilitate discussions with Brussels, he explains on his blog:

“I was informed that some members of the Eurogroup and” partners “associated preferred [...] I am” abseny “meetings; an idea that the Prime Minister has deemed potentially useful to obtain an agreement. For this reason I left the Ministry of Finance today. “

Yanis Varoufakis had indeed alienated all the other ministers of the Eurogroup of finance because of its arrogant attitude judged and moved in the very civilized framework of the Brussels meetings .

Logically, it has been replaced Monday afternoon Tsakalotos by Euclid, who had already deputized several times in Brussels. Until then, this professor of economics at the University of Athens was deputy foreign minister in charge of economic issues.

The head of the Greek banking federation announced that the banks closed for a week, Tuesday and Wednesday will remain. As for withdrawals from ATMs, they are still limited to 60 euros per day per person.

Ads that put an end to many rumors that circulated all day about a possible lowering of the maximum permitted withdrawals lack of liquidity. The European Central Bank (ECB) has announced on Monday that it was maintaining the emergency liquidity supply mechanism (ELA) for the benefit of Greek banks, saving – for now – of bankruptcy. The National Bank, however, decided to toughen the conditions for the future, increasing the discount practiced on securities pledged as collateral by Greek banks to access the ELA -. Called “collateral”