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Zeman: Pact with Greece is very fragile

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Prague, July 13 (CTK) – The agreement with Greece is very fragile because Greece has several times promised something, but never fulfilled it, Czech President Milos Zeman told journalists yesterday, reacting to the night-time agreement of the euro zone countries.
Zeman has dismissed the idea that the Czech Republic should provide any guarantee for a loan to Greece.
He said he considered such an alternative very negative.
“I believe that Czech taxpayers should never pay Greek debts,” Zeman said.
At the weekend, top representatives of the euro zone discussed the future of Greece and its debts.
One of the results is that all EU countries may provide guarantees for another loan. In such a case, the Czech Republic would provide the guarantee for 1.13 percent of the loan.
Czech European affairs state secretary Tomas Prouza has told Czech Television that the Czech Republic will not have to send any direct payments in connection with the help to Greece.
It is only to guarantee a short-term loan like in the case of Portugal and Ireland.
The Greek parliament is to debate the tough reform, on which the approval of the help depends, on Wednesday.

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