Sunday

25th Jun 2017

Stakeholder

Deal with Greece will not work, says Guy Verhofstadt

  • "Greece is passing a lot of legislation, but is not implementing it," said Guy Verhofstadt. (Photo: ALDE)

Guy Verhofstadt, leader of the European Liberals and Democrats, is very critical of the deal reached between Greece and its creditors.

During a press conference “The truth about Greece” on Wednesday (25 May), Verhofstadt urged creditors to finally realise that their strategy is not going to work:

Dear EUobserver reader

Subscribe now for unrestricted access to EUobserver.

Sign up for 30 days' free trial, no obligation. Full subscription only 15 € / month or 150 € / year.

  1. Unlimited access on desktop and mobile
  2. All premium articles, analysis, commentary and investigations
  3. EUobserver archives

EUobserver is the only independent news media covering EU affairs in Brussels and all 28 member states.

♡ We value your support.

If you already have an account click here to login.

“The marriage between Greece and its creditors can be described as one in which both partners cheat with mutual consent. However, most marriages break up when partners fail to tell each other the truth. To avoid a break-up, we need to come clean now,” he said.

“Greece is passing a lot of legislation, but is not implementing it. It is shocking to see that 74% of the legislation that has been adopted since the first bailout package has never been implemented. If we keep our eyes closed to this reality, the new tranche will again be a waste of tax payer’s money.”

Verhofstadt proposed a fundamental new approach to change the focus from pure accountancy measures to real modernisation measures.

“The only way to save Greece is by radically modernising the country. The Greek government should make a more serious effort to combat clientelism, reform the public administration, modernise the justice system, make sure that taxes are collected and put in place targeted tax cuts for SMEs.”

Video

Rivera joins Liberals for EU pre-summit meeting

Before any EU summit in Brussels, political families come together to prepare talks. This time round Albert Rivera, leader of Ciudadanos, Spain, joined the Liberals.

Impact of the refugee crisis on the EU transport sector

The ALDE Group recently hosted a hearing on the human and economic impact of the refugee crisis on the EU transport sector, which would be one of the hardest hit sectors if the Schengen system falls apart.

EU and Chinese SMEs matchmake in Brussels

While EU and Chinese political leaders discussed climate change and trade at the European Council in Brussels, hundreds of small and medium-sized enterprises from China and all across Europe participated in the EU-China SMEs Matchmaking Event at the Bozar.

We must renew Europe for all Europeans

A call for socialist values and rights at a time when Europe is facing a number of existential threats, says a group of progressive European affairs ministers.

Stakeholders' Views

This EUobserver section provides a platform for EU stakeholders to communicate positions, views and activities.

News in Brief

  1. Merkel and Macron hold symbolic joint press conference
  2. Juncker has 'no' clear idea of kind of Brexit UK wants
  3. Belgian PM calls May's proposal on EU citizens 'vague'
  4. UK lacks support of EU countries in UN vote
  5. Spain to command anti-smuggler Mediterranean force
  6. Estonia confirms opposition to Nord Stream 2 pipeline
  7. Ireland and Denmark outside EU military plan
  8. EU leaders renew vows to uphold Paris climate deal

Stakeholders' Highlights

  1. EPSUOn Public Services Day, Stop Austerity! Workers Need a Pay Rise!
  2. EGBAOnline Gambling: The EU Court Rejects Closed Licensing Regimes In Member States
  3. World VisionFaces of Today, Leaders of Tomorrow: Join the Debate on Violence Against Girls - 29 June
  4. ECR GroupThe EU Must Better Protect Industry from Unfair Competition
  5. Malta EU 2017Better Protection for Workers From Cancer-Causing Substances
  6. EPSUAfter 9 Years of Austerity Europe's Public Sector Workers Deserve a Pay Rise!
  7. Dialogue PlatformGlobalised Religions and the Dialogue Imperative. Join the Debate!
  8. UNICEFEU Trust Fund Contribution to UNICEF's Syria Crisis Response Reaches Nearly €200 Million
  9. EUSEW17Bringing Buildings Into the Circular Economy. Discuss at EU Sustainable Energy Week
  10. European Healthy Lifestyle AllianceCan an Ideal Body Weight Lead to Premature Death?
  11. Malta EU 2017End of Roaming Charges: What Does It Entail?
  12. World VisionWorld Refugee Day, a Dark Reminder of the Reality of Children on the Move

Latest News

  1. Macron’s investment screening idea watered down by leaders
  2. Leaders unimpressed by May’s offer to EU citizens
  3. New Irish PM praises unscripted nature of EU summits
  4. EU extends sanctions on Russia
  5. UK's universities set 'Brexit wish list'
  6. Decision on post-Brexit home for EU agencies postponed
  7. May's offer on citizens’ rights dismissed as ‘pathetic’
  8. 'Historic' defence plan gets launch date at EU summit