The ministers of Finances of the zone Euro will analyze the 3 of July if Greece meets the conditions demanded to unblock the program. The IMF has requested guarantees before approving its part of the fifth section, that would ascend to 3,300 million Euros; the part of the EU would be of 8,700 million. The plan, approved in 2010, anticipates loans for three years of 110,000 million. The discord in the Eurozona before the Greek crisis gives back troubles to the markets. The Greek minister of Finances, Evengelos Venizelos, has recognized that its country must recover of form " urgente" the credibility between the rest of countries of the Euro to be able to receive new payments of the program of rescue of the European Union and the IMF. In fact, the International Monetary Fund has already requested guarantees of which the program totally is financed before approving its part of the fifth section, whereas the ministers of Finances of the zone Euro have decided to meet next the 3 of July to analyze if Greece meets the conditions demanded to unblock the plan. In Portugal and Ireland, according to Greece, there is " elevated degree of political consensus interno" on the execution of those programs; however, the Greek national unit " socios" has become a previous requirement for ours; of the unique currency. After two days of meetings with the other people in charge of Finances, Venizelos was urgent to that the Parliament of its country votes " for the end of junio" the fiscal strategy in the mid term and the law of application.
A new plan? The next section of the Greek program, fifth from its approval for a year, would totalize about 12,000 million Euros, of which 8,700 million will be contributed by the European Union and 3,300 million by the International Monetary Fund. Managing director in functions of the IMF, John Lipsky, stressed several occasions that the IMF not is negotiating new program with Greece, although eurozona is preparing a new plan that absorbs to the present one, approved in May of the past year. " We are discussing the present program and what is needed to put it by the good way. Griego" is no a request of the Government; , in that sense, assured. The present program anticipates loans of the EU and the IMF by 110,000 million Euros in three years, and new that studies the zone Euro still does not have concrete numbers, although deck that its volume would be " similar" to that already it is in march. Source of the news: Greece admits that " must recover his; credibilidad" before it continues his rescue