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Running out of time for a deal with Greece’s creditors, says Angela Merkel during G7 summit

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Berlin: German Chancellor Angela Merkel on Monday warned that time is running out for a deal with Greece’s creditors. She also insisted that solidarity with European partners and the International Monetary Fund would be contingent on Greece’s initiative to implement reforms.

“There isn’t much time left. Everyone is working intensively. The day after tomorrow there will be opportunity to discuss it with the Greek prime minister. Every day counts now,” Merkel said in a press conference after the conclusion of the G7 summit in the Schloss Elmau hotel in southern Germany.

Merkel added that the Greek financial crisis was one of many issues discussed in the meeting, which she attended on Monday along with Jean-Claude Juncker, the president of the European Commission, or EC, and Managing Director of the IMF, Christine Lagarde.

Merkel reiterated that all summit attendees want Greece to remain in the Eurozone, but reminded that there are rules that govern the union and that European and international solidarity must be matched by member countries’ own efforts.

Merkel argued that measures taken by the troika (EC, IMF and the European Central Bank, or ECB) proved to be effective in the cases of Ireland, which thrived after applying a tough reform program, Spain and Portugal, which created jobs despite ongoing high unemployment rates.

Merkel pointed out that the situation in Cypress also leads to a path of “success”.

The German chancellor confirmed her intention to meet again with Greek Prime Minister Alexis Tsipras in Brussels on June 17 under the auspices of the EU summit meeting with the Community of Latin American and Caribbean States, or CELAC.

In her view, the proposal presented to Athens by the three creditor institutions is “a breakthrough” that must be negotiated. (IANS)

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Merkel Told Putin, US Complicated Middle East Situation

"But if you want to solve problems, you have to talk to each other," Merkel was quoted as saying.

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in a bid to inform Merkel's and Macron's respective meetings with US President Donald Trump in Washington this week, German federal government spokesperson Steffen Seibert said Sunday, reported Xinhua news agency.
Angela Merkel, wikimedia commons

German Chancellor Angela Merkel has told Russian President Vladimir Putin that the Middle East situation had been complicated by the US’ withdrawal from the Iran nuclear deal.

According to a statement issued by the German government, Merkel made the remarks on Friday during her meeting with Putin in Russia’s Black Sea city of Sochi, Xinhua news agency reported.

Merkel told Putin that Germany, like the rest of Europe, did not want to leave the agreement and wanted to continue to support it. With regard to the Iranian nuclear programme, the agreement gives “more security, more control and, above all, more transparency”.

But there are also topics “that have to be talked about with Iran”, Merkel said, referring to the concerns of the Iranian ballistic missile program, and the question of how to proceed after the expiration of each element of the nuclear agreement.

Merkel
Vladimir Putin, President of Russia, wikimedia commons

Merkel stressed after her talks with Putin how important it was to have an open exchange of ideas, especially if the two countries have different views, adding that the German-Russian cooperation had endured serious differences.

“But if you want to solve problems, you have to talk to each other,” Merkel was quoted as saying.

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With regard to the situation in Ukraine, Merkel said the Minsk accord was the “only basis” to achieve peace in east Ukraine, and agreed with Putin that it was important to station a UN peacekeeping troop in the area.

With regard to Syria, Merkel said that Germany would continue to support UN’s mediation efforts with full force, saying it was important the already-agreed upon process of constitutional reform really got going. (IANS)

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