Greece was humiliated says Austrian Chancellor

The Austrian Chancellor, Werner Faymann said a Grexit could not be ruled out despite the deal reached between Greece and its EU partners Monday morning. In an interview Tuesday, to Austrian newspaper ‘Kurier’ he confirmed reports that at one the atmosphere during the negotiations was bitter and acrimonious. “Unfortunately, there were provocations and a lack of respect to the other and that prolonged talks”, he said. Faymann was quite clear that when he referred to a ‘provocation’ he meant German Finance Minister Schauble’s proposal for a 5-year Grexit plan. He continues by saying that the decision by Greek PM Alexis Tsipras to call a referendum did not help at all adding that Tsipras does not have a majority within his party to pass the tough measures through parliament. He stresses that the deal is the start of a tough road of negotiation and Monday’s agreement should not give cause for celebrations. Faymann believes the deal was struck because Germany and France were able to see eye to eye on the catastrophic implications of a Grexit. It should be noted that after the agreement was reached, Faymann was quite outspoken in criticizing the stance of Germany and other countries against Greece accusing them of trying to humiliate their partner.