Germany has lost patience
 
Under the arrangements, Eurogroup Chairman Juncker this week will visit Greece, Samaras, Greek Prime Minister will visit Germany in the 25th, the next day's visit to France, Samaras in the new round of consultations with European leaders explore some stance and intentions of key issues ".
 
Greek leaders again for a new round of aid loans and seek the assistance agreement of fiscal austerity plan period of two years. According to Greek media reports, Samaras formal proposals on the EU's autumn summit held in early October this year of the plan to extend the deadline from 2014 to 2016.
 
However, a number of German officials to Greece seems to have lost confidence. German Foreign Minister Guido Westerwelle said that Germany would not consider relaxing the convention with Greece's financial demands for reform and hope that the Greek government attaches importance to the German government's position. German Finance Minister Wolfgang Schaeuble said the limited aid to Greece, Greece should not expect to get additional assistance plan.
 
According to the German "Sunday World newspaper reported, France and Germany there are differences between the two countries on the issues of Greece. France is ready to provide new aid for Greece to avoid Greece out of the euro. However, Germany has refused to provide new aid for Greece, do not agree to extend the period of implementation of the austerity plan in Greece. Germany's position has won the support of countries such as Finland, Estonia and Slovakia. It is reported that French President Fran?ois Hollande, the German Chancellor Angela Merkel will meet on Thursday, Hollande or persuade Merkel agree with the Greek request.
 
German central bank does not nod
 
At present, the euro area heavily indebted countries of the European Central Bank as soon as possible to restart the bond buyback program to help stabilize the market, lower bond yields and financing costs. German media reports, the European Central Bank is considering to set the interest rate threshold for the acquisition debt, the euro zone re-bond yields of indebted countries and German bond yields spreads over a certain value, then the ECB will buy the country's bonds.
 
ECB's every move by a high degree of concern in the market. European stock markets opened slightly lower yesterday, investors expect the ECB to take decisive action to reduce financing costs in countries such as Greece, Spain, and launched the national debt repurchase program.
 
Analysts expect the European Central Bank meeting on interest rates in September to decide whether to take action.
 
However, the German central bank reiterated yesterday, opposed to the European Central Bank's debt purchase plan. The Bundesbank said the the sovereign risk sharing decision should depend on member governments, rather than the European Central Bank. At the same time, the European Central Bank to purchase debt poses substantial risks. Subsequently, the German Ministry of Finance also said it was not clear whether the European Central Bank interest rate is set for the acquisition debt threshold.



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