Page 8 - ARUBA TODAY

A8 WORLD NEWS
Friday 16 June 2017
Greece gets enough to avoid another bailout trauma

By PAN PYLAS of a further 8.5 billion euros “Overall, I think this is a ma- for the money needed to Greek Finance Minister Eu-
Associated Press ($9.5 billion) after the Greek jor step forward,” said Je- avoid bankruptcy and a clid Tsakalotos said.
LUXEMBOURG (AP) — government delivered on roen Dijsselbloem, the eu- possible exit from the euro There is now “light at the
Greece avoided another an array of reforms. Getting rozone’s top official. “We currency.The left-led Greek end of the tunnel,” he said.
potential brush with bank- the money was becom- are now going into the last government, which has lost The office of Prime Minis-
ruptcy Thursday after strik- ing increasingly urgent as year of the financial sup- a lot of support since sign- ter Alexis Tsipras said in a
ing a deal with European Greece has a big repay- port program for Greece; ing up for the country’s third statement that the deci-
creditors to tide it over for ment hump next month. we will prepare an exit bailout even after cam- sion sends markets a posi-
the rest of the year and Perhaps more importantly strategy going forward to paigning against austerity, tive message.“The main
gained assurances that its for the longer-term, the so- enable Greece to stand on hopes Thursday’s deal will point of today’s decision is
repayment burden will be called Eurogroup made its own feet again over the help it get to a position to that — for the first time —
eased when it finally can clear that it is ready to ease course of next year.”He sin- tap the international bond there is a clear Eurogroup
stand on its own after near- the burden of Greece’s gled out the Greek people markets that lost faith in commitment to support
ly a decade on financial debt repayments at the for their “intense efforts and 2010 and forced Greece to Greece’s market access
life support.After months of conclusion of the current resolve” over the past few rely on rescue money. and the successful comple-
haggling that raised fears bailout program next year. years of the country’s bail- “We feel that after this Eu- tion of the program, with
of another escalation in The International Monetary out era when successive rogroup (agreement) there the creation of a significant
Greece’s near 8-year debt Fund may also get involved governments had to en- is a much greater clarity liquidity reserve to back the
crisis, the 19-country euro- financially, on a limited ba- act drastic spending cuts for both the Greek people country’s market access,”
zone cleared the release sis of up to $2 billion. and tax increases in return and for financial markets,” it said.q
A year after Brexit vote, more people view EU favorably

theless think their own na- of the EU up 18 percent-
tional governments — and age points in Germany, 15
not the EU — should have points in Spain, 13 points in
the say over trade and im- the Netherlands, and 10
migration. points in the U.K.
The poll results from the The overall median break-
U.S.-based Pew Research down across the countries
Center show that majorities was 63 percent favorable,
in nine of 10 EU member 34 percent unfavorable.
countries surveyed now Last year the median fig-
hold a favorable view of ures were 51 percent fa-
the 28-country economic vorable, 47 percent unfa-
and political bloc. vorable.
The research center says The only dissenter was
the upswing is the latest Greece, which has been
shift in an up-and-down subjected to severe bud-
cycle over the past de- get austerity measures im-
cade. posed by fellow EU states,
The more favorable view at 33 percent favorable.
comes as Europe enjoys a Yet even there, when
broadening economic re- asked if they wanted to
covery and falling unem- leave the European Union,
Britain’s Prime Minister Theresa May leaves after a meeting at 10 Downing Street in London. A new ployment. 54 percent said they would
survey shows that public approval of the European Union has rebounded strongly, but that many Results show 74 percent rather stay, to 35 percent
people think their own national governments — and not the EU — should have the say over trade
and immigration. approval in Poland, 68 per- who favored leaving.
(AP Photo/Frank Augstein) cent in Germany, 67 per- Italy was the other country
cent in Hungary, and 65 surveyed where leaving
By DAVID McHUGH — A wide-ranging survey rebounded strongly com- percent in Sweden. There the EU was supported by
Associated Press shows that public approval pared with a year ago but were sharp swings from a substantial minority of 35
FRANKFURT, Germany (AP) of the European Union has that many people none- last year, with approval percent. q
Israel’s PM: Mediterranean pipeline would be ‘revolution’

By COSTAS KANTOURIS sea pipeline to Cyprus and os Anastasiades after the Cyprus, Greece and Israel officers were deployed
Associated Press Greece. three countries signed a that brings us very close to- around Thessaloniki, which
THESSALONIKI, Greece (AP) “It’s something we’re very joint declaration in Tel Aviv gether. historically had a large
— Israeli Prime Minister Ben- excited about,” Netan- in April to promote con- We are all democracies — Jewish community that
jamin Netanyahu promised yahu said in Thessaloniki, struction of the pipeline. real democracies,” Netan- was almost wiped out dur-
Thursday to promote plans Greece’s second-largest Greece and Israel are yahu said. ing the Nazi occupation in
for an ambitious Mediterra- city. also planning an undersea “And when you look at our World War II.
nean undersea natural gas “Of course the idea of the electricity cable link and region ... that’s not a com- While in the city, Netanya-
pipeline project, in a bid by East Med pipeline would are considering a Mediter- mon commodity.” hu was also visiting several
his country to become a be a revolution. ranean data cable. The three countries now Jewish sites, including the
key European energy sup- We’ve had preliminary Once frosty, Israel’s ties hold frequent joint military grounds of a planned Holo-
plier. studies of it. It seems prom- with Greece and Cyprus and civil protection exer- caust museum.
Israel is hoping to export ising and we’re going to have markedly improved cises, including the recent Later Thursday, more than
much of its newly discov- look further.” in recent years, coinciding “Kinyras-Saul” exercises 600 people in total took
ered natural gas to Europe Netanyahu met with Greek with a spat between Israel that involved special forces part in two peaceful pro-
by a proposed 2,200-kilo- Prime Minister Alexis Tsipras and regional rival Turkey. from Cyprus and Israel. Palestinian rallies organized
meter (1,350-mile) under- and Cypriot President Nic- “There’s a simple fact with More than 3,500 police by left wing groups.q