JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
GREECE DEBT SITUATION ON WORLD MARKETS
http://israndjer.blogspot.ca/2015/07/europe-moves-to-restore-funding-to.html
http://israndjer.blogspot.ca/2015/07/greeces-government-passes-yes-vote-for.html
http://israndjer.blogspot.ca/2015/07/eu-backs-short-term-funding-to-greece.html
http://israndjer.blogspot.ca/2015/07/uk-to-block-greeces-short-term-funding.html
http://israndjer.blogspot.ca/2015/07/greece-must-do-more-for-eurozone-ecb-70.html
http://israndjer.blogspot.ca/2015/07/cosby-accuser-asks-to-have-complete.html
http://israndjer.blogspot.ca/2015/07/ecb-tightens-noose-on-greek-banks.html
http://israndjer.blogspot.ca/2015/07/after-greeces-no-vote-by-61whats-next.html
http://israndjer.blogspot.ca/2015/07/greece-overwhelmingly-votes-no-to.html
http://israndjer.blogspot.ca/2015/07/today-greece-votes-yes-or-no-to.html
http://israndjer.blogspot.ca/2015/07/david-sweat-i-was-mastermind-behind.html
http://israndjer.blogspot.ca/2015/06/this-is-daygreece-will-default-on-their.html
http://israndjer.blogspot.ca/2015/06/the-stock-markets-in-chaosas-greece-has.html
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
Merkel: Bailout agreement is hard for Greece and eurozone-By EUOBSERVER
17. Jul, 11:05-German chancellor Angela Merkel said the agreement for a new Greek bailout "is hard for Greece" but also "hard for the eurozone" because it is "a case of unprecedented solidarity in Europe," she told German MPs ahead of a vote on the agreement. "Europe's future is at stake," she said.
Tsipras ejects bailout sceptics from government-By EUOBSERVER
18. Jul, 11:00-Greek PM Alexis Tsipras has ejected some of his far-left Syriza party's biggest bailout sceptics from top posts, with a new cabinet to be sworn in on Saturday, Greek media report. Ministerial posts included in the reshuffle are: energy; labour; deputy labour; deputy defence; deputy finance; and government spokesman.
Monday-Jul. 20'th 2015-Greece to get €7bn loan on Monday By Eric Maurice-euobserver
BRUSSELS, 17. Jul, 18:02-Greece will receive a €7.16 billion loan on Monday (20 July) after EU member states agreed to use the European Financial Stabilisation Mechanism (EFSM) to provide the money.The loan "will allow Greece to clear its arrears with the International Monetary Fund (IMF) and the Bank of Greece and to repay the European Central Bank (ECB)", the Council of the EU said in a statement.Greece owes €2 billion to the IMF and is due to repay €4.2 billion to the ECB on Monday.ECB chief Mario Draghi said in Thursday (16 July) that he was confident the ECB "will be repaid, as well as the IMF".All EU member states agreed to the EFSM loan after the European Commission, including the UK who said at first that "the eurozone needs to foot its own bill".The EFSM is an EU-wide emergency fund in which all member states, including non-eurozone countries have liabilities.-Guarantees-"A mechanism has been designed so as to ensure that non-euro area member states do not carry any risk," said the Council statement.The commission proposed that the loan is guaranteed by profits made by the ECB on so-called SMP and ANFA programmes.The SMP was a programme of emergency bond-buying operation by the ECB and national central banks from 2010 to 2012. The ANFA is a Eurosystem investment portfolio.With these money available at the ECB, "there is more immediate guarantee for non eurozone countries" in case Greece failed to repay loan, commission vice-president Valdis Dombrovskis said at a press conference.The EU budget will provide a second level of guarantees."Should Greece fail to repay the ECB loan, this amount can be withheld from future EU payments for Greece," Dombrovskis said.The money would be taken from structural fund earmarked for Greece.The loan will be disbursed in two installments and will have to be repaid in three months, after Greece starts receiving the €82 billion to €86 billion bailout for which negotiations will start soon.-Debt-Meanwhile, the European Stability Mechanism approved on Friday the decision to grant Greece a loan programme.This allows the creditors institutions - the EU, the ECB, and the IMF- to negotiate a new Memorandum of Understanding with Greece.But on Friday morning, IMF chief Christine Lagarde warned that her institutions would participate only if a debt relief is included in the programme."I would expect that debt will be part of the negotiations because it is something the IMF insists on and IMF should be part of the third programme", Dombrovskis said at his press conference.
Lagarde: No IMF in Greek bailout without debt relief By Eric Maurice-EUOBSERVER
BRUSSELS, 17. Jul, 09:25-The International Monetary Fund (IMF) will take part in a third Greek bailout only if there is a "complete" programme including a restructuring of Greek debt, the IMF director Christine Lagarde said Friday morning (17 July).The up-to €86 billion bailout plan "is not viable" without debt relief, Lagarde told France's Europe 1 radio."That is why European countries admitted the principle of debt relief" in the euro summit statement signed Monday (13 July), she added.While several eurozone countries, including Germany, are opposed to a haircut on the Greek debt, "there are other modalities", Lagarde said.She did not say how much debt relief is needed, but she said three methods could be used "to make the Greek debt sustainable".Greece's creditors - the EU, the IMF and the European Central Bank (ECB) "could significantly extend maturities, also extend the grace period when no repayment is done, and compress interest to the maximum," she said.In any case, the IMF chief said, her institution will take part only if there is "a complete programme"."A complete programme stands on two legs," she said."The first leg is a Greek leg: deeply reform the economy and hold a healthy fiscal line. The second leg is the creditors' leg: provide financing and restructure the debt to lighten the burden.""This is not a whim," Lagarde said. "There are rules which are applied to all IMF member states."The Eurogroup gave the green light on Thursday to open bailout negotiations when all eurozone member states have approved the euro summit agreement.The European Stability Mechanism (ESM), the eurozone emergency fund, said Thursday it would provide €50 billion for the bailout.ESM chief Klaus Regling said the remaining €32-36 billion needed to complete the bailout programme would be provided by the IMF, as well as privatisations and a possible Greek return on financial markets.Bailout negotiations "will be laborious," Lagarde warned in her interview."We are not at the end of a process yet. A process is opening, with a very tight agenda and a huge challenge," she said."It will not be a road paved with roses."
Greek banks expected to reopen on Monday By Eric Maurice-EUOBSERVER
BRUSSELS, 16. Jul, 18:40-Greek banks are set to reopen on Monday (20 July) after the European Central Bank (ECB) increased the level of its liquidity assistance by €900 million.Meanwhile, Eurozone finance ministers gave their green light to open negotiations for a Greek bailout.Speaking at a press conference in Frankfurt, ECB chief Mario Draghi announced that the bank will increase the level of the Emergency Liquidity Assistance (ELA) by €900 million over one week.The ELA was frozen on 28 June after Greek prime minister Alexis Tsipras announced a referendum on austerity measures requested by Greece's creditors.The new decision will give some breathing space to Greek banks, which have been closed and under capital controls since the referendum announcement.After Draghi's press conference, Greek media said banks would reopen next Monday but the €60-daily withdrawal limit will remain in place.Draghi himself said that when exactly capital controls will be lifted is "hard to predict" but is "clearly in the interest of the Greek economy".He cautioned there's still a risk of a bank run when banks reopen, adding "the responsibility [to lift controls] is with the Greek government".-Debt relief-"The ECB continues to act on the assumption that Greece is and will remain a member of the euro area," Draghi also said, speaking just a few days after the possibility of a Grexit was explicitly mentioned in a Eurogroup document."It is not up to the ECB to decide who is member or not of the euro area", he added."The ECB acted within its mandate and will continue to so."The ECB chief also said Greece's debt should be reprofiled."It's uncontroversial that debt relief is necessary. The only issue is: What is the best form in our institutional framework," he said.-Bailout-In other developments on Thursday, the Eurogroup decided "to grant in principle" the three-year bailout requested by Greece last week and agreed at a euro summit Monday.Ministers held a conference call after the Greek parliament voted on Wednesday night a first series of reforms and fiscal measures.They said the measures were implemented "in a timely and overall satisfactory manner".The opening of negotiations will depend on eurozone countries' approval of Monday's agreement. A vote in the German Bundestag on Friday will be keenly watched.After the French parliament on Wednesday, the Finnish parliament's grand committee on Thursday also gave a mandate to the Finnish government to negotiate the bailout.The Eurogroup said it expected a formal decision by the European Stability Mechanism (ESM) "by the end of this week" that would "entrust" the EU, the ECB and the International Monetary Fund (IMF) "with the task of swiftly negotiating a Memorandum of Understanding (MoU)" with Greece."The overall purpose is to ensure that Greece will become a thriving economy in the euro area," Mario Draghi said.-Regling-In an interview with Germany's ARD channel, ESM chief Klaus Regling said the fund would provide "perhaps €50 billion"."One reason is that the IMF is part of the rescue package," Regling said."Privatisation receipts will also be part of the package. And I also expect that in this three-year period Greece will regain market access, if the reforms are implemented".In the meantime, EU finance ministers were still discussing the modalities of an emergency €7 billion loan through the European Financial Stabilisation Mechanism (EFSM)."There is an agreement in principle on EFSM-based bridge financing for Greece, procedure to be finalised by tomorrow at noon", said commission vice-president Valdis Dombrovskis.Greece needs €7 billion before Monday (20 July), mainly to repay a €4.2 billion debt to the ECB and €2 billion arrears to IMF."We will be repaid, as well as the IMF," Draghi said.
GREECE DEBT SITUATION ON WORLD MARKETS
http://israndjer.blogspot.ca/2015/07/europe-moves-to-restore-funding-to.html
http://israndjer.blogspot.ca/2015/07/greeces-government-passes-yes-vote-for.html
http://israndjer.blogspot.ca/2015/07/eu-backs-short-term-funding-to-greece.html
http://israndjer.blogspot.ca/2015/07/uk-to-block-greeces-short-term-funding.html
http://israndjer.blogspot.ca/2015/07/greece-must-do-more-for-eurozone-ecb-70.html
http://israndjer.blogspot.ca/2015/07/cosby-accuser-asks-to-have-complete.html
http://israndjer.blogspot.ca/2015/07/ecb-tightens-noose-on-greek-banks.html
http://israndjer.blogspot.ca/2015/07/after-greeces-no-vote-by-61whats-next.html
http://israndjer.blogspot.ca/2015/07/greece-overwhelmingly-votes-no-to.html
http://israndjer.blogspot.ca/2015/07/today-greece-votes-yes-or-no-to.html
http://israndjer.blogspot.ca/2015/07/david-sweat-i-was-mastermind-behind.html
http://israndjer.blogspot.ca/2015/06/this-is-daygreece-will-default-on-their.html
http://israndjer.blogspot.ca/2015/06/the-stock-markets-in-chaosas-greece-has.html
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
Merkel: Bailout agreement is hard for Greece and eurozone-By EUOBSERVER
17. Jul, 11:05-German chancellor Angela Merkel said the agreement for a new Greek bailout "is hard for Greece" but also "hard for the eurozone" because it is "a case of unprecedented solidarity in Europe," she told German MPs ahead of a vote on the agreement. "Europe's future is at stake," she said.
Tsipras ejects bailout sceptics from government-By EUOBSERVER
18. Jul, 11:00-Greek PM Alexis Tsipras has ejected some of his far-left Syriza party's biggest bailout sceptics from top posts, with a new cabinet to be sworn in on Saturday, Greek media report. Ministerial posts included in the reshuffle are: energy; labour; deputy labour; deputy defence; deputy finance; and government spokesman.
Monday-Jul. 20'th 2015-Greece to get €7bn loan on Monday By Eric Maurice-euobserver
BRUSSELS, 17. Jul, 18:02-Greece will receive a €7.16 billion loan on Monday (20 July) after EU member states agreed to use the European Financial Stabilisation Mechanism (EFSM) to provide the money.The loan "will allow Greece to clear its arrears with the International Monetary Fund (IMF) and the Bank of Greece and to repay the European Central Bank (ECB)", the Council of the EU said in a statement.Greece owes €2 billion to the IMF and is due to repay €4.2 billion to the ECB on Monday.ECB chief Mario Draghi said in Thursday (16 July) that he was confident the ECB "will be repaid, as well as the IMF".All EU member states agreed to the EFSM loan after the European Commission, including the UK who said at first that "the eurozone needs to foot its own bill".The EFSM is an EU-wide emergency fund in which all member states, including non-eurozone countries have liabilities.-Guarantees-"A mechanism has been designed so as to ensure that non-euro area member states do not carry any risk," said the Council statement.The commission proposed that the loan is guaranteed by profits made by the ECB on so-called SMP and ANFA programmes.The SMP was a programme of emergency bond-buying operation by the ECB and national central banks from 2010 to 2012. The ANFA is a Eurosystem investment portfolio.With these money available at the ECB, "there is more immediate guarantee for non eurozone countries" in case Greece failed to repay loan, commission vice-president Valdis Dombrovskis said at a press conference.The EU budget will provide a second level of guarantees."Should Greece fail to repay the ECB loan, this amount can be withheld from future EU payments for Greece," Dombrovskis said.The money would be taken from structural fund earmarked for Greece.The loan will be disbursed in two installments and will have to be repaid in three months, after Greece starts receiving the €82 billion to €86 billion bailout for which negotiations will start soon.-Debt-Meanwhile, the European Stability Mechanism approved on Friday the decision to grant Greece a loan programme.This allows the creditors institutions - the EU, the ECB, and the IMF- to negotiate a new Memorandum of Understanding with Greece.But on Friday morning, IMF chief Christine Lagarde warned that her institutions would participate only if a debt relief is included in the programme."I would expect that debt will be part of the negotiations because it is something the IMF insists on and IMF should be part of the third programme", Dombrovskis said at his press conference.
Lagarde: No IMF in Greek bailout without debt relief By Eric Maurice-EUOBSERVER
BRUSSELS, 17. Jul, 09:25-The International Monetary Fund (IMF) will take part in a third Greek bailout only if there is a "complete" programme including a restructuring of Greek debt, the IMF director Christine Lagarde said Friday morning (17 July).The up-to €86 billion bailout plan "is not viable" without debt relief, Lagarde told France's Europe 1 radio."That is why European countries admitted the principle of debt relief" in the euro summit statement signed Monday (13 July), she added.While several eurozone countries, including Germany, are opposed to a haircut on the Greek debt, "there are other modalities", Lagarde said.She did not say how much debt relief is needed, but she said three methods could be used "to make the Greek debt sustainable".Greece's creditors - the EU, the IMF and the European Central Bank (ECB) "could significantly extend maturities, also extend the grace period when no repayment is done, and compress interest to the maximum," she said.In any case, the IMF chief said, her institution will take part only if there is "a complete programme"."A complete programme stands on two legs," she said."The first leg is a Greek leg: deeply reform the economy and hold a healthy fiscal line. The second leg is the creditors' leg: provide financing and restructure the debt to lighten the burden.""This is not a whim," Lagarde said. "There are rules which are applied to all IMF member states."The Eurogroup gave the green light on Thursday to open bailout negotiations when all eurozone member states have approved the euro summit agreement.The European Stability Mechanism (ESM), the eurozone emergency fund, said Thursday it would provide €50 billion for the bailout.ESM chief Klaus Regling said the remaining €32-36 billion needed to complete the bailout programme would be provided by the IMF, as well as privatisations and a possible Greek return on financial markets.Bailout negotiations "will be laborious," Lagarde warned in her interview."We are not at the end of a process yet. A process is opening, with a very tight agenda and a huge challenge," she said."It will not be a road paved with roses."
Greek banks expected to reopen on Monday By Eric Maurice-EUOBSERVER
BRUSSELS, 16. Jul, 18:40-Greek banks are set to reopen on Monday (20 July) after the European Central Bank (ECB) increased the level of its liquidity assistance by €900 million.Meanwhile, Eurozone finance ministers gave their green light to open negotiations for a Greek bailout.Speaking at a press conference in Frankfurt, ECB chief Mario Draghi announced that the bank will increase the level of the Emergency Liquidity Assistance (ELA) by €900 million over one week.The ELA was frozen on 28 June after Greek prime minister Alexis Tsipras announced a referendum on austerity measures requested by Greece's creditors.The new decision will give some breathing space to Greek banks, which have been closed and under capital controls since the referendum announcement.After Draghi's press conference, Greek media said banks would reopen next Monday but the €60-daily withdrawal limit will remain in place.Draghi himself said that when exactly capital controls will be lifted is "hard to predict" but is "clearly in the interest of the Greek economy".He cautioned there's still a risk of a bank run when banks reopen, adding "the responsibility [to lift controls] is with the Greek government".-Debt relief-"The ECB continues to act on the assumption that Greece is and will remain a member of the euro area," Draghi also said, speaking just a few days after the possibility of a Grexit was explicitly mentioned in a Eurogroup document."It is not up to the ECB to decide who is member or not of the euro area", he added."The ECB acted within its mandate and will continue to so."The ECB chief also said Greece's debt should be reprofiled."It's uncontroversial that debt relief is necessary. The only issue is: What is the best form in our institutional framework," he said.-Bailout-In other developments on Thursday, the Eurogroup decided "to grant in principle" the three-year bailout requested by Greece last week and agreed at a euro summit Monday.Ministers held a conference call after the Greek parliament voted on Wednesday night a first series of reforms and fiscal measures.They said the measures were implemented "in a timely and overall satisfactory manner".The opening of negotiations will depend on eurozone countries' approval of Monday's agreement. A vote in the German Bundestag on Friday will be keenly watched.After the French parliament on Wednesday, the Finnish parliament's grand committee on Thursday also gave a mandate to the Finnish government to negotiate the bailout.The Eurogroup said it expected a formal decision by the European Stability Mechanism (ESM) "by the end of this week" that would "entrust" the EU, the ECB and the International Monetary Fund (IMF) "with the task of swiftly negotiating a Memorandum of Understanding (MoU)" with Greece."The overall purpose is to ensure that Greece will become a thriving economy in the euro area," Mario Draghi said.-Regling-In an interview with Germany's ARD channel, ESM chief Klaus Regling said the fund would provide "perhaps €50 billion"."One reason is that the IMF is part of the rescue package," Regling said."Privatisation receipts will also be part of the package. And I also expect that in this three-year period Greece will regain market access, if the reforms are implemented".In the meantime, EU finance ministers were still discussing the modalities of an emergency €7 billion loan through the European Financial Stabilisation Mechanism (EFSM)."There is an agreement in principle on EFSM-based bridge financing for Greece, procedure to be finalised by tomorrow at noon", said commission vice-president Valdis Dombrovskis.Greece needs €7 billion before Monday (20 July), mainly to repay a €4.2 billion debt to the ECB and €2 billion arrears to IMF."We will be repaid, as well as the IMF," Draghi said.
