Liderii politici europeni au venit cu o serie de măsuri aflatepe lista de cerinţe a investitorilor, conform variantei provizoriia comunicatului ce urmează să fie emis la finalul întâlnirii dintreşefii de state şi de guverne din zona euro, scrie TheTelegraph.
În document în dreptul sumei la care se va ridica cel de-aldoilea ajutor financiar acordat Greciei locul este lăsat liber.
Printre măsurile cu care UE încearcă să scoată Grecia la mal senumără:
Majorarea perioadei de rambursare a creditelor primite prinintermediul fondului de urgenţă EFSF de la 7 ani şi jumătate laminimum 15 ani.
Reducerea dobânzilor creditelor până la 3,5%.
Implicarea sectorului privat prin răscumpărarea de obligaţiuni şiînlocuirea celor existente cu unele noi.
De condiţiile care sunt aplicate Greciei, vor avea parte şi Irlandaşi Portugalia.
Fondul EFSF va putea fi folosit pentru a acorda linii de credit detip preventiv ţărilor care au nevoie de împrumuturi.
Fondul va finanţa recapitalizarea instituţiilor financiare prinintermediul creditelor acordate guvernelor, chiar şi în cazulţărilor care nu fac parte din program.
Va putea cumpăra obligaţiuni de pe pieţele secundare dacă BCEconsideră necesar acest lucru.
Documentul integral publicat pe site-ul The Telegraph:
STATEMENT BY THE HEADS OF STATE OR GOVERNMENT OF THE EURO AREAAND EU INSTITUTIONS
Since the beginning of the sovereign debt crisis in the euroarea, important measures to stabilize the euro area, reform therules and develop new stabilization tools have been taken. Therecovery in the euro area is well on track and the euro is based onsound economic fundamentals. But the challenges at hand have shownthe need for more far reaching measures. We reaffirm our commitmentto the euro and to do whatever is needed to ensure the financialstability of the euro area as a whole. We also reaffirm ourdetermination to reinforce convergence, competitiveness andgovernance of the Euro area.
Today, we agreed on the following measures:
Greece:
1. We welcome the measures undertaken by the Greek government tostabilize public finances and reform the economy as well as the newpackage of measures recently adopted by the Greek Parliament. Theseare unprecedented, but necessaryefforts to bring the Greek economyback on a sustainable growth path.
2. We agree to support a new programme forGreece and to providean additional amount of up to şxxţ ¤. This programme will bedesigned, notably through lower interest rates and extendedmaturities, to decisively improve the debt sustainability andrefinancing profile of Greece. We call on the IMF to contribute tothe financing of the new Greek programme in line with currentpractices.
3. We have decided to lengthen the maturity of the EFSF loans toGreece to the maximum extentpossible from the current 7.5 years toa minimum of 15 years. In this context, we will ensure adequatepost programme monitoring. We will provide EFSF loans at lendingrates equivalent tothose of the Balance of Payment facility(currently approx. 3.5%) without going below the EFSF funding cost.This will be accompanied by a mechanism which ensures appropriateincentives to implement the programme, including through collateralarrangements where appropriate.
4. We call for a comprehensive strategy for growth andinvestment in Greece. Structural funds should be re-allocated forcompetitiveness and growth under a European "Marshall Plan".MemberStates and the Commission will mobilize all resourcesnecessary in order to provide exceptional technical assistance tohelp Greece implement its reforms.
5. Greece is in a uniquely grave situation in the Euro area.This is the reason why it requires an exceptional solution. Thefinancial sector has indicated its willingness to support Greece ona voluntary basis through a menu of options (bond exchange,roll-over, and buyback) at lending conditions comparable to publicsupport with credit enhancement.
6. All other Euro countries solemnly reaffirm their inflexibledetermination to honour fully their own individual sovereignsignature and all theircommitments to sustainable fiscal conditionsand structural reforms. The Euro area Heads of Statesor Governmentfully support this determination as the credibility of all theirsovereign signatures is a decisive element for ensuring financialstability in the Euro area as a whole.
Stabilization tools:
7. To improve the effectiveness of the EFSF and addresscontagion, we agree to increase the flexibility of the EFSF,allowing it to:
- intervene on the basis of a precautionary programme, withadequate conditionality;
- finance recapitalisation of financial institutions throughloans to governments including in non programme countries;
- intervene in the secondary markets on the basis of an ECBanalysis recognizing the existence of exceptional circumstances anda unanimous decision of the EFSF Member States.
Fiscal consolidation and growth in the euro area:
8. We welcome the progress made on the implementation of theprogrammes in Ireland andPortugal and reiterate our strongcommitment to the success of these programmes. The EFSF lendingconditions we agreed upon for Greece will be applied also forPortugal and Ireland. In this context, we note Ireland'swillingness to participate constructively in the discussions on theConsolidated Common Tax Base draft directive (CCTB) and in thestructured discussions on tax policy issues in the framework of theEuroĂ pact framework.
9. All euro area Member States will adhere strictly to theagreed fiscal targets, improve competitiveness and addressmacro-economic imbalances. Deficits in all countries except thoseunder a programme will be brought below 3% by 2013 at the latest.In this context, we welcome the budgetary package recentlypresented by the Italian government which will enable it to bringthe deficit below 3% in 2012 and to achieve balance budget in 2014.We also welcome the ambitious reforms undertaken by Spain in thefiscal, financial and structural area. As a follow up to theresults of bank stress tests, Member States will provide backstopsto banks as appropriate.
10. We will implement the recommendations adopted in June forreforms that will enhance our growth. We invite the Commission toenhance the synergies between loan programmes and EU funds in allcountries under EU/IMF assistance. We support all efforts toimprove their capacity to absorb EU funds in order to stimulategrowth andemployment.
Economic governance:
11. We look forward to the rapid finalization ofthe legislativepackage on the strengthening of the stability and growth pact andthe new macro economic surveillance. Euro area members will dotheir utmost to help reaching agreement with the EP on voting rulesin the preventive arm of the Pact.
12. We commit to introduce legally binding national fiscalframeworks as foreseen in the fiscal frameworks directive by theend of 2012.
13. We agree that reliance on external credits ratings in the EUregulatory framework should be reduced, and look forward to theCommission proposals in this respect.
14. We invite the President of the European Council, in closeconsultation with the President of the Eurogroup, to make concreteproposals byOctober on how to better organize crisis management inthe euro area and improve working methods.
We call on the Eurogroup to implement expeditiously and as amatter of priority the decisions taken today.
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