Tsipras’s nonpaper slamming SYRIZA dissenters

The Greek government released the following non-paper earlier today. After the warning shot towards the dissenters of the Left Platform, this time Prime Minister Tsipras uses even harsher words to slam on those MPs that still consider dissenting in tomorrow’s parliamentary vote involving the next set of prior actions.

Tsipras goes as far as warning SYRIZA MPs that “they should not hide behind the security of [his] own signature.” It is definitely an important non-paper, and it creates an even stronger indication that the PM is more than ready to clash with the radical parts of his coalition if they continue opposing him and the agreement [perhaps some stronger actions to be expected, other than merely changing the formation of his cabinet].

You can find the original version of the non-paper here. Below, you can find my own translation.

 

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Tsipras’s warning shot to the Left Platform (non paper)

Last night, the Greek government released a non-paper through which Prime Minister Alexis Tsipras issues a ‘warning shot’ towards the Left Platform of his party, after 32 SYRIZA MPs (most of which belong to the Left Platform) rejected the new bailout deal brought forth in the parliament.

You can find the original document non paper (in Greek) here, and a translated version below.

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Joint Statement by Greek Political Party Leaders

Following the result of yesterday’s referendum, where the Greek people responded with a resounding ‘NO’ to a highly ambiguous (and void) question, the Greek Prime Minister Alexis Tsipras called for a meeting with the rest of the political leadership in the country. After making his request official yesterday night, at the President of the Democracy, Prokovios Pavlopoulos, the President called the meeting earlier today at the Maximos Building.

What follows is the joint statement released after the conclusion of the meeting, translated in English. You can find the original statement (in Greek), here. Updates (perhaps) to follow, as more info comes in.

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The nonpaper by the Greek government on the Bank Holiday

Earlier today, the Greek government issued a nonpaper that provides answers to what they call as ‘FAQs’ relating to the short-term Bank Holiday imposed, starting today, in the country. You can find the original (in Greek) here, and my  translated version below.

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Game of Ultimatums: The nonpaper of the Greek government

Earlier today, the Greek government issued a nonpaper targetted towards the institutions. The nonpaper provides, once again, the well-established (by now) red lines of the Greek government, as well as a scathing attack towards IMF representative Gerry Rice, and an attempt to portray the institutions as having vast differences between them. You can find a copy of the original here. Below, read the translated version.

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Syriza’s Left Platform call not to pay next IMF tranche

Syriza’s Left Platform, spearheaded by Minister of Productive Reconstruction, Environment and Energy, Panagiotis Lafazanis, issued a document during today’s meeting of the Central Committee of SYRIZA, which will come for a vote later in the day. The document calls – once again! – for the rupture with the lenders. Specifically, it asks from the government not to repay the upcoming tranche to the IMF in June, if the ‘institutions’ continue with the ‘same blackmailing tactic.’

You can find the original text in Greek here and here. Below, you can find my translated version of the document.

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Call for “rupture now” by the Political Secretariat & Central Committee of Syriza

rrproject

Prominent members of the Central Committee and the Political Secretariat of Syriza are preparing an event for tomorrow, Tuesday 19 of May. Speakers and participants in the event include: Antonis Davellos (SYRIZA Political Secretariat), John Millios (SYRIZA Central Committee), Sofi Papadogianni (SYRIZA Political Secretariat), Panos Lambrou (SYRIZA Political Secretariat), George Sapounas (SYRIZA Central Committee).

Quoting from the event description, as well as the title of the invitation-pamphlet, the message of the event seems quite clear: “the only way out [of the impasse] is the choice of rupture with the lenders.”  

Read the announcement for the event below.

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The speech of Alexis Tsipras at the Economist Conference

Tsiprandreou

The Greek Prime Minister, Alexis Tsipras, delivered a very interesting speech at the Annual Conference event of the Economist in Athens. You can find the original speech, in Greek, here. You can find the translated version from the Office of the Prime Minister, here. Or you can read my own translation right below.

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The nonpaper of the Greek government regarding the state of negotiations

Non paper of the Greek government on the current state of the negotiations.

May 5, 2015

  1. The serious disagreements and contradictions between the IMF and the EU are creating obstacles in the negotiations, as well as high risks. While until recently the main argument of the institutions was that the Greek side did not submit complete proposals, now it is clear that proposals have indeed been submitted and that there have been substantial concessions towards the direction of an “honorable compromise.”
  1. The difference of strategy, however, between the institutions is creating obstacles.
    • The IMF puts its red lines on the reforms, especially on pension and labour reforms, while it has loose lines on the topic of the primary surplus. On the back of the mind of the IMF lies the thought of debt write off, so that this can be rendered sustainable.
    • On the contrary, the European Commission has red lines on the topic of the primary surplus, and consequently, on the issue of not cutting the debt, and loose lines on tough reforms, such as those regarding pensions and labour relations.
  1. As a result, the totality of the institutions has red lines everywhere: pension reforms, labour reforms (IMF), and primary surplus (EC). Under these circumstances there can be no compromise. The responsibility belongs exclusively to the institutions and their weakness of communicating with each other.
  1. The Greek government, having realized the glaring contradiction, decided to take the initiative:
    • not to bring [for a vote] in the Parliament the multi-bill before there is potential for an agreement.
    • to put on the table of discussion the ‘next day,’ that is, the exit plan [of the country] towards the markets and the financing of growth in the post-June era.
  1. Today’s FT [Financial Times] fully reveal the contradictory strategies utilized between the Eurozone and the IMF (see the article of Peter Spiegel). The FT reveal that the head of the European department of the IMF, Paul Thomsen, has warned the Finance Ministers of the Eurozone that “perhaps the IMF will not provide its share of the tranche of 7.2bn euros” if “they do not write-off a significant part of Greece’s debt.” At the same time, P. Spiegel notes that “the Eurozone, which owns the biggest part of the Greek debt, is firmly opposed to the [idea of] debt relief.”
  1. At the same time, the European Commissioner for Economic & Financial Affairs, Taxation & Customs, Pierre Moscovisi, confirmed the contradiction between the EC and the IMF, saying that the issue of the debt “can be discussed only after an agreement on a reform program.” A strategic disagreement, which has Greece at its epicenter, between the EC and the IMF, and works to the detriment of the country.

Addendum: You can find a version of the nonpaper in Greek, here.