Arab Today, arab today tsipras merkel urge end stereotypes
Last Updated : GMT 18:42:37
Arab Today, arab today
Arab Today, arab today

Threatened to rip eurozone apart

Tsipras, Merkel urge end 'stereotypes'

Arab Today, arab today

Arab Today, arab today Tsipras, Merkel urge end 'stereotypes'

German Chancellor Angela Merkel (L)
Berlin - Arab Today

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel on Monday urged an end to the "stereotypes" that have threatened to rip the eurozone apart.
Tsipras, making his first visit to the German capital since taking office in January, said "neither are the Greeks lazy louts nor are the Germans to blame for Greece's ills -- we have to work hard to overcome these stereotypes".
Merkel told the same joint news conference that she agreed that Europe must "surmount these types of stereotypes" about good and bad eurozone members to ensure the future of the currency union.
After weeks of bitter acrimony between the new radical-left government in debt-mired Greece and Germany, the eurozone's effective paymaster, both leaders were at pains to stress common ground.
"We both have a vested interest in building cooperation based on trust," Merkel said.
Tspiras praised Merkel, who has been caricatured as a bloodthirsty Nazi on the streets of Athens for her insistence on swingeing reforms, as a straight-shooter.
"Ms Merkel listens and wants to make progress in discussions," he said.
But entrenched differences also emerged during the 35-minute press conference held between an initial round of talks and a working dinner at Merkel's imposing glass-and-steel chancellery.
Tsipras said the budget cuts and structural reforms demanded over the last five years in exchange for two enormous bailout programmes had not been a "success story" but rather brought his country to its knees.
The austerity path Merkel has championed has had "horrible effects" including mass unemployment, widespread poverty and social unrest in Greece.
"A new political mix must be found," he insisted while pledging more decisive action than his predecessors on fighting corruption and tax evasion.
Merkel for her part repeated her usual refrain that the only sustainable solution to the debt crisis is fiscal discipline.
"What is crucial is that the economic fundamentals are there. What types of reforms are implemented can be discussed with the institutions," she said, referring to the "troika" of the European Commission, the European Central Bank and the International Monetary Fund.
And she backed away from the frequent portrayal of the Greek debt crisis as a zero-sum game between Berlin and Athens.
"Germany is not the institution that decides whether the reform programme is correct or sufficient," she said.  
Greece's creditors agreed in February to extend its 240-billion euro ($260-billion) bailout by four months in exchange for promises of further reforms.
At an EU summit last week, Athens lobbied Brussels to release vital funds left in the bailout package to help it make payments to creditors in the coming days, and avoid bankruptcy and a possible exit from the euro.
Instead, the EU offered two billion euros in unused development funds to Greece after Tsipras vowed to clarify its reform pledges. But that money will not go into government coffers to service its debts.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tsipras merkel urge end stereotypes Arab Today, arab today tsipras merkel urge end stereotypes

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tsipras merkel urge end stereotypes Arab Today, arab today tsipras merkel urge end stereotypes

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الاقتصاد
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday