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FBN’s Ashley Webster on the protests in Greece as leaders take steps to prevent a default.
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He's not mentioned at least in this round they have enough problems right now we're just to Greece problem workers.
Still not one bit pleased with the parliament after the austerity measures.
They say are unacceptable if not outright humiliating.
-- Webster in Athens on a deal I guess -- far from closed right.
Yeah it's certainly not -- OK the Greek government Neil went ahead and policy austerity measures last night but.
That is important of course today to get the next round of bailout money but a long way to go yet they have to give written commitments to the EU that they will stick with these reforms let's say.
Let's be honest -- the first time make -- bailout money.
Where have those reforms gone not all of them that they put in place and now there's a fear that the same thing what -- -- -- the EU wants some proof.
That this indeed will be measures taken to tackle the huge step for this country faces before it can get that money to pay its bills.
-- Germany today called this a significant step along the right road.
But at the same time Germany's finance minister Wolfgang Schaeuble says that the EU is more prepared he says now to handle a Greek default -- it was two years ago.
Describe what some mixed messages.
Out of Germany in the meantime it's a quiet night in Athens.
That's the good news really the news sinking in in the austerity measures the 20% cut in minimum wage the raising of taxes the -- but thousands of public sector jobs.
This is a country deal basically on its knees wondering how on earth they can handle more cuts in fact it's clear that the Greek people.
As they -- -- and they have a hard time believing anyone.
I talent -- -- make sense that.
They have taken a long time to try and get.
Things together -- -- but even putting patients and -- putting the nation's top -- stage now.
Because the banks can't -- it is the big corporations.
That rule.
And we eat -- -- have -- hands tied behind their backs.
While the politicians may have their hands tied behind their backs but the anger in this country is at the government.
A government they -- of corruption.
And allowing this country to get in the state that it is so we weights in limbo here the the end labour lawmakers have to make that written commitment next -- Then the -- a year -- -- -- finance ministers will be meeting on Wednesday in Brussels.
This country still has -- work out a deal with its private creditors there are lot of hurdles yet before this money is truck finally released to Greece and let's not forget.
Next month they have a huge bond repayment -- of some nineteen billion dollars and with each passing day the chances of default go up and up -- Yeah you know -- to get up on any -- on German entity Arabic countries about salon in the country money are not gonna do anything unless the -- some -- So not change hands after special election.
Yeah and -- a very complete lack of faith at this point I think patience is warned more than fan.
In fact the front runner to win the Greek collections in April become prime minister as the -- of those Conservative Party.
And he made a speech in parliament last night saying look okay vote for those austerity measures now the world to renegotiate when I become leader.
All of the EU here is that and in fact if that is the case there's a very good -- the EU will not release that bailout money.
All right as secret report -- -- -- is not slept at all lesson Webster.
In a very very if the assets lot.
