Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Thursday, February 26, 2015

New Democracy Criticizes Greek Govt for Agreeing to Memorandum Extension

Greek main opposition New Democracy on Thursday accused the government of inaccuracies and blatant lies, underlining that the agreement reached with loan partners is, in essence, an extension of the Memorandum but under worse conditions for the country. New Democracy sources pointed out that contrary to SYRIZA’s claims, there is no separation between the loan contract and the Memorandum. What the government requested through Finance Minister Yanis Varoufakis’ email on February 18 and the Eurogroup approved, was the extension of the existing Memorandum for four more months but on conditions. “The Greek government has not only failed to ‘tear up’ the Memorandum, but cosigned it instead,” New Democracy said, citing relevant announcements by Greece’s creditors (European Commission, European Central Bank and International Monetary Fund), which underline that the country’s fiscal program review will be based on the existing Memorandum. Regarding government statements that it has put an end to the outrageous primary surpluses, New Democracy referred to the Eurogroup agreement and accused SYRIZA of “pledging to secure the primary fiscal surpluses needed to guarantee debt sustainability.” (source: ana-mpa)