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2016-08-29

Greek PM Says EU ‘sleepwalking toward cliff’

 

Greek PM Says EU ‘sleepwalking toward cliff’




The IMF, which has yet to decide whether it will fund the third bailout, has said that surplus targets of 3.5 percent beyond 2018 are not realistic for Greece and has pushed for softer fiscal goals to take part in the financing.

Tsipras also told Realnews that the European Union was “sleepwalking towards a cliff” as the Stability Pact’s tough fiscal rules had engendered deep inequalities among member states.
“Brexit will either awaken European leaderships or it will be the beginning of the end of the EU,” 

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