[P2P-F] Fwd: What happened in the Eurogroup 16 February -

[Michel Bauwens]

Ioannis requests to forward this message:

---------- Forwarded message ----------
From: Ioannis Margaris <ilmargaris at gmail.com>
Date: Tue, Feb 17, 2015 at 7:12 AM
Subject: What happened in the Eurogroup 16 February -
To:

The following paragraphs give the basic story - which might change Europe's
future in the coming weeks.

Please forward this text to anyone who can contribute at spreading the word
in the public domain.

I have been member of the Greek delegation these days in Brussels, you can
trust these words.

In case you forward this, please erase previous e-mail addresses for
privacy reasons.

As you may have heard things did not go well. There was a compromise deal
brokered by Juncker and agreed to by Draghi and Lagarde and Moscovici. But
it was sunk by Djisselbloem, presumably on German pressure. In the
eurogroup meeting and the subsequent press conference, there was little
help from either Lagarde or Moscovici

They say => complete the existing programme with some flexibility in
implementation on our part but they never tell us what this flexibility
will entail. On the contrary, they say sign first and then we will discuss
with you areas of flexibility

We say => give us a bridging programme and we have spelt out our
commitments not only during the bridging period but also for the essential
elements of the new compact with our partners long term

We have done our best to reach a reasonable compromise. What we have faced
is naked power and blackmail.

Please pass on this mail to all who might help influence public opinion in
the days to come

My warm regards,
I.M.




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