There were several hours of negotiations, a constant in and out, information and counter-information throughout the day. Questions and thriller to the last moment. And the good European way, a few hours before the ultimatum that had been made by the Eurogroup, Greece and partners in the eurozone reached an agreement.
This agreement is positive because it allows the two away in the immediate ghosts that hung in the air: the possibility of the end of the month to Greece runs out of money; and the scenario of an exit from the euro zone, even controlled, would be catastrophic for the European project. And the agreement is also positive because at the last moment there has been a rapprochement between the positions and contradictions, seemingly intractable, Yanis Varoufakis of Wolfgang Schäuble and.
Being positive, this Agreement (extending the Greek bailout for at least four months) is far from an end on the Greek crisis. The point that most separated Greece from our partners was the demand made to Alexis Tsipras Government to continue with the reforms and austerity measures in exchange for more money. And the truth is that in this most sensitive point was all postponed to a document that the Greek government will present on Monday and then will be analyzed and validated “institutions” (read: the troika ).
In other words, there is still no guarantee that the agreement signed on Friday produce results. But there is a commitment made by Yanis Varoufakis the agreement that Greece will not take unilateral measures that do disrupt public accounts. And says it will repay the debt. It is an agreement that will only work if, as I said Jeroen Dijsselbloem, there is mutual trust. The agreement on Friday does not solve the underlying problem, but Europe and the Greeks gain time to try to build that trust. And trust necessarily lead to more solidarity.
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