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| Greece crisis: Country could face 'state of emergency' if a deal is not reached | Greece crisis: Country could face 'state of emergency' if a deal is not reached |
| (7 months later) | |
| Greece could face a 'state of emergency' on July 1 if it does not reach a deal with its creditors, according to Guenther Oettinger, Germany’s EU Commissioner. | Greece could face a 'state of emergency' on July 1 if it does not reach a deal with its creditors, according to Guenther Oettinger, Germany’s EU Commissioner. |
| "We should work out an emergency plan because Greece would fall into a state of emergency," Oettinger said. "I think that the Commission needs to work out a plan that could avert a worsening of the situation in the event that Greece leaves the euro zone, in the event of a bankruptcy." | "We should work out an emergency plan because Greece would fall into a state of emergency," Oettinger said. "I think that the Commission needs to work out a plan that could avert a worsening of the situation in the event that Greece leaves the euro zone, in the event of a bankruptcy." |
| Earlier on Monday, a Greek government spokesman denied talks to release further bail-out funds had come to a standstill. Suspicions were raised after a meeting between the Greek government and its creditors on Sunday ended after 45 minutes with no agreement. | Earlier on Monday, a Greek government spokesman denied talks to release further bail-out funds had come to a standstill. Suspicions were raised after a meeting between the Greek government and its creditors on Sunday ended after 45 minutes with no agreement. |
| On Monday the European Commission appeared eager to prove that they had not made unreasonable demands by laying out the gaps between their demands and Greece’s proposals. | On Monday the European Commission appeared eager to prove that they had not made unreasonable demands by laying out the gaps between their demands and Greece’s proposals. |
| Athen’s proposed pension cuts would provide less that 0.04 per cent of GDP, the EC said. It is lobbying for 1 per cent. | Athen’s proposed pension cuts would provide less that 0.04 per cent of GDP, the EC said. It is lobbying for 1 per cent. |
| Athen’s proposed pension cuts would provide less that 0.04 per cent of GDP, the EC said. It is lobbying for 1 per cent. | Athen’s proposed pension cuts would provide less that 0.04 per cent of GDP, the EC said. It is lobbying for 1 per cent. |
| The Greek proposals, which leaked online, included taxes on swimming pools and yacht, a tv advertisement tax, and a tax on videogaming. Athens maintained they would not increase the rates for basic goods such as medicine, energy and fresh food. | The Greek proposals, which leaked online, included taxes on swimming pools and yacht, a tv advertisement tax, and a tax on videogaming. Athens maintained they would not increase the rates for basic goods such as medicine, energy and fresh food. |
| Meanwhile a minister of a poorer and newer member of the Eurozone has spoken out out against the Greek bailout. | Meanwhile a minister of a poorer and newer member of the Eurozone has spoken out out against the Greek bailout. |
| Josef Kollar, the vice chairman of Slovakia’s finance committee, accused the Greek prime minister of "swindling the whole world". | Josef Kollar, the vice chairman of Slovakia’s finance committee, accused the Greek prime minister of "swindling the whole world". |
| "Alexis Tsipras is swindling the whole world and this cannot go on forever,” Kollar told European newspaper the EU Observer. | "Alexis Tsipras is swindling the whole world and this cannot go on forever,” Kollar told European newspaper the EU Observer. |
| "Politics should not be limited to political correctness – it should be based on economic reality. And in reality, the drachma would be a rescue for Greece," he said. | "Politics should not be limited to political correctness – it should be based on economic reality. And in reality, the drachma would be a rescue for Greece," he said. |