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Wednesday, March 4, 2015

Greek Communist Party Submits Draft Law Abolishing Loan Agreements, Memoranda

The Greek Communist Party (KKE) submitted on Tuesday a draft law denouncing the loan facility agreements signed by Greece and its partners in the EU from 2010 to date and abolishes the two memoranda and Medium-Term Financial Strategy Frameworks for the period 2012-2018, together with their implementation laws. The draft law comprises three articles, the last of which also includes the obligation on the side of the government, to cover with state funds the losses suffered by social security funds from their participation in the PSI. “The KKE, consistent with its policy and respecting its election commitment, submits a draft law which cancels the memoranda and loan agreements which were initially voted in parliament by the government of PASOK, and then the coalition government of PASOK-ND,” the explanatory report submitted with the proposal said. (source: ana-mpa)


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