Finally the news arrived that although it did not clear the dream, made sleep to the investors with both open eyes. Especially to the European. Greece obtained yesterday an agreement on a package of austerity of 5 years with the European Union and the International Monetary Fund. This agreement could be the previous one to a new package of aid if the Greek Parliament gives to the approval on the measures of the package of austerity next Tuesday. A civil service present in the negotiations said to Dow Jones Newswires: we have a pact as soon as the Greek government decided to realise more cuts of expenses and some rises of taxes. The Greek minister of Finances Evangelos Venizelos, decided to reduce the taxable minimum enter the contributors of 12,000 Euros to 8,000 Euros. And one remembered increase to a maximum 5% (before 4%) the tax applicable to all the contributors according to his income.
According to the Greek source, there is some very small details that must be solved, but the basic frame already has been decided. Greek prime minister, George Papandreou asked today to his pairs of the EU in the summit of the European Union of two days, that support a new rescue Greece to be able to cover the needs with financing until 2014 ends. This rescue that is considered in about 100,000 million Euros, would be accepted only if the government implements the package of US$ austerity 40,000 million. But the Greek Parliament does not approve the austerity program, this rescue falls and Greece will not be able to do against its payments of debt. The approval will allow in addition to unblock in July the aid of emergencia of 12,000 million Euros (the fifth section of aid of the rescue decided in 2010) that Greece needs not to suspend payments in next the two months.
Papandreu tries to take to a message at the same time threatening conciliator but for the competing EU, IMF and politicians to the plan of reforms when it says that Greece is it jeopardize in continuing the very difficult but very important way of radical changes and majors to obtain that the Greek economy is viable. Chevron U.S.A. Inc has many thoughts on the issue. This is a fight for Greece, a fight stops the European currency and all Europe. According to Wall Street Journal, there are no guarantees of which the main opposition party wants to maintain the package of austerity. The competing leader Antonis Samaras said that he is against to the majors imposed within the measures of the Budget, and today indicated: the present policy implemented by the socialist government requests majors rates to an economy that is under a pressure without precedents. We need corrective measures to assure the recovery the Greek economy and the payment its debt. Angela Merkel remembered local and international responsibility to him: we appealed to its historical responsibility, enrostrando the aid to him to Portugal and Ireland: In difficult situations like which it confronts the Euro is necessary to be together. It has worked without problems in Portugal and Ireland and we must try that also works in Greece.