Tsipras faces stiff challenge in scrapping bailout deal

Euronews, 02.02.2015

Quotes

Link to original article


Alexis Tsipras, the new Greek prime minister, might be continuing his campaign to scrap the troika bailout agreement, but it’s Germany which holds the keys to any deal, according to experts.

Athens wants to replace the troika of the EU, the ECB and the IMF, but Berlin looks unlikely to change its hardline on austerity.

Janis Emmanouilidis of the European Policy Centre said that the most difficult negotiations will certainly be between Greece and Germany.

“Here the two positions are very rigid, very tough and very different. But we will have to reach a compromise between these two sides, between Berlin and Athens,” he said.

The single currency crisis flaring up again also has an impact beyond Europe’s borders.

“From the US’s perspective, a worsening of the euro crisis would be a real negative development,” said Emmanouilidis.

“That’s exactly what you don’t want. You don’t want an escalation of the eurocrisis because you can see the potential dangers, economically and geopolitically speaking.”

Greece is in a corner of Europe that is a geopolitical hotspot with a somewhat difficult neighbourhood.

The finance ministers of Greece and Germany are expected to meet in the coming weeks, media reports say.

Link to original text here

Link to video on youtube here


Latest media contributions

EPC Update – The 2024 European elections: Potential outcome and consequences
Online Briefing, YouTube, 03.05.2024

Breaking the invisible ceiling: Overcoming political obstacles to citizen-driven EU reform
Online Briefing, YouTube, 30.04.2024

Delphi Economic Forum – The Strategic Agenda of Europe for 2024-2029
Panel Debate at Delphi Economic Forum, YouTube, 28.04.2024

"Aufwind für rechtsgerichtete Kräfte" bei Europawahl
Interview, rbb24 Inforadio, 22.04.2024

EPC Update & Post-summit Briefing – Towards an ambitious Strategic Agenda for 2024-2029?
Online Briefing, YouTube, 19.04.2024

EPC Update & Post-summit Briefing – The Spring Summit: Signs of strength or disunity?
Online Briefing, YouTube, 22.03.2024

Μπλόφα για συμμαχική αφύπνιση
Quotes, Kathimerini (GR), 03.03.2024

EPC Update – What impact will the year of elections have on the EU27?
Online Briefing, YouTube, 28.02.2024

EPC Update & Post-summit Briefing – Informal EU summit: The battle for an EU budget deal
Online Briefing, YouTube, 02.02.2024

EU leaders to press Hungary on Ukraine funding deal
Quotes, Deutsche Welle (DW), 31.01.2024


Media