Pres­i­dent calls Tusk, Merkel, Tsipras, in ef­forts to me­di­ate

Financial Mirror (Cyprus) - - FRONT PAGE -

Pres­i­dent Ni­cos Anas­tasi­ades had a tele­phone con­ver­sa­tion with the Pres­i­dent of the Euro­pean Coun­cil Don­ald Tusk on Tues­day, as part of his ini­tia­tive on Greece, whose eco­nomic pro­gramme ex­pired at mid­night.

Gov­ern­ment Spokesman Nikos Christodoulides said that the tele­phone con­ver­sa­tion aimed to help achieve an agree­ment with Greece.

On Mon­day he spoke with Ger­man Chan­cel­lor Merkel and Greek Prime Min­is­ter Alexis Tsipras.

Tsipras has called a ref­er­en­dum for July 5 ask­ing the Greek peo­ple to say if they agree with the latest pro­pos­als by Greece’s in­ter­na­tional cred­i­tors on the con­di­tions they laid down to ex­tend the cur­rent pro­gramme.

Greece needed to make a 1.5 bln euro debt re­pay­ment to the IMF by Tues­day. With the ECB keep­ing its emer­gency fund­ing to Greek banks un­changed, the gov­ern­ment im­posed as of Mon­day bank clo­sure un­til July 6, cou­pled with cap­i­tal con­trols.

On Mon­day, Euro­pean Com­mis­sion Pres­i­dent Jean Claude Juncker urged the Greek elec­torate to vote ‘yes’ and avoid a na­tional catas­tro­phe, while sev­eral Euro­pean lead­ers have said that a ‘no’ vote may lead Greece out of the euro

An­gel area.

For­eign Min­is­ter Ioan­nis Ka­soulides said that Greece needs to re­main a mem­ber of the EU and the Eu­ro­zone, ex­press­ing sup­port to the Greek peo­ple.

Asked about his tele­phone con­ver­sa­tion with his Greek coun­ter­part, Nikos Kotzias, Ka­soulides said he was briefed on the sit­u­a­tion and the im­pend­ing ref­er­en­dum the gov­ern­ment has called re­gard­ing the Greek bailout of­fer.

Times are very cru­cial for Greece and Cyprus is tak­ing the lead in ef­forts to keep the coun­try in the Eu­ro­zone, Anas­tasi­ades said on Mon­day af­ter the end of ne­go­ti­a­tions for a Cyprus set­tle­ment.

The Pres­i­dent said Cyprus was in favour of a “strong Greece” and spoke of the need of a pro­gramme that will bring the coun­try back to re­cov­ery and pro­vide re­lief to the Greek peo­ple.

More­over he said that his and the Fi­nance ini­tia­tives were well-known, for a num­ber of is­sues, such as the vi­a­bil­ity of the debt.

We will do ev­ery­thing in our power, in or­der for Greece to stay in the Eu­ro­zone and in or­der to con­clude a pro­gramme that will help Greece in this di­rec­tion, the Pres­i­dent noted. Min­istry’s im­por­tant

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