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Tuesday, February 24, 2015

New Democracy Leader on Greek Finance Minister Varoufakis’ Email

Main opposition New Democracy leader Antonis Samaras on Tuesday lashed out at the government accusing it of “leading the country further back compared to where it was last November,” referring to Greece’s reform list presented to the country’s loan partners. Samaras underlined that “today with (Finance Minister Yanis) Varoufakis‘ proposal, the government has accepted (former Finance Minister Gikas) Hardouvelis’ email” after agreeing to the Memorandum extension and the sustainability of the Greek debt. He said that with Hardouvelis’ email Greece was exiting the Memorandum era, noting that “Varoufakis’ email was submitted to the Troika – ‘the institutions’ – for approval so that the final Memorandum review could be completed and constitute a ‘bridge’ for a new Memorandum that is now called a ‘contract’.” Samaras said that the New Democracy-led government was moving toward the exit from the Memorandum with the help of a precautionary credit line to be able to return to the markets and not need a new Memorandum. He said that two months of election uncertainty and a month of “virtual negotiation” were wasted for the country to go further back compared to where it was last November. “We met with SYRIZA at the Memorandum exit: we were getting out and they were rushing in,” the New Democracy leader said. (source: ana-mpa)


READ THE ORIGINAL POST AT greece.greekreporter.com