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Monday, November 17, 2014

Greek PM Samaras: We are Doing Everything to Reduce Debt

In an article published in the Sunday edition of Greek daily newspaper Kathimerini, Prime Minister, Antonis Samaras, highlighted that his government is doing whatever is possible to reduce the country’s debt. In an indirect attack to main opposition party SYRIZA, Mr. Samaras underlined that while the government is working towards the reduction of the country’s debt, others are trying to force Greece into mandatory lending, claiming that opposition proposals could push Greece back to the brink of bankruptcy or a “Grexit.” “We are doing everything we can to reduce the debt when others are doing everything they can to return the country to forced lending,” Mr. Samaras underlined, noting that in order to safeguard the country’s political stability the current Parliament must appoint the new President of the Hellenic Republic on February’s vote. At the same time, the Greek Premier said that Greece’s main challenge is certifying its debt. “He who returns the country to the time of deficits does not thus strike at austerity,” the Greek Prime Minister said in the article, adding that the absence of an agreement with creditors certifying the sustainability of Greek debt would essentially block Greece from capital markets. Without naming SYRIZA, Mr. Samaras underlined that those who have such things in mind are leading Greece backward, either to bankruptcy, which we narrowly avoided, or to a euro exit, which we narrowly averted.”


READ THE ORIGINAL POST AT greece.greekreporter.com