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Greek PM Tsipras Calls for a 'European IMF' at EU Summit


Alexis Tsipras said that many EU leaders recognize the need for Europe to create its own institutions to deal with problems, instead of relying to outside help such as the IMF.
Speaking to the press before the second day of the EU Summit held in Tallinn, Estonia, the Greek premier acknowledged that there are different views on the subject.
However; he added that “everyone understands the need to move quickly and make brave decisions by 2019”.
Tsipras noted that the EU has learned its lesson from the recent economic crisis, and realizes that the EU institutions have not responded in an effective manner.
“Even countries who in the past thought that it is inconceivable to have a support program in Europe without the presence of the IMF, spoke of the need for Europe to create its own similar institutions so that it is not necessary to invite foreign institutions to support our own needs,” Tsipras said.
According to ANA-MPA sources, Tsipras was also due to present Greece’s proposals for social Europe based on growth, rather than austerity.

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