Europe was close to a catastrophe last weekend when negotiations between German Chancellor Angela Merkel and Greece’s Prime Minister Alexis Tsipras failed to reach a consensus on a debt deal, European Council President Donald Tusk said Friday.
In an interview with Kathimerini, he said “In the end, the discussion was about how much money – virtual money – from this privatization fund would go to investment and how much to debt.”
The interview was simultaneously given to seven leading European newspapers.
Tusk told the two leaders, “If you stop this negotiation, I’m ready to say publicly: Europe is close to catastrophe because of 2.5 billion,” the report said.
Further, Tusk said there are no winners or losers. “There is a lack of enthusiasm, nobody is satisfied 100 percent,” he added.
“At the end of the day, Germany had to sacrifice much more than other countries in terms of numbers and money – this was the main issue of the whole process,” Tusk said.
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