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Athens News Agency: News in English, 11-06-19

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>


  • [01] PM asks renewed vote of confidence

  • [01] PM asks renewed vote of confidence

    (ANA-MPA)--Greek prime minister George Papandreou on Sunday reiterated his call for national unity behind the government's austerity measures, opening a three-day confidence vote debate that winds up at midnight Tuesday with an open roll-call vote.

    Papandreou called on parliament to give his newly-reshuffled government a renewed vote of conference, noting that the country is at a critical crossroads and warning that a picture of division among the Greeks was not helping the country.(ANA-MPA)

    Warning that a disorderly bankruptcy would be catastrophic, Papandreou stressed that the country's lenders, the EU and the IMF, want to see Greece standing on its own two feet, adding that the problems would not be solved if the IMF was asked to leave, and warning also that the country's liquidity will be very soon exhausted without the disbursement of the 5th tranche of the EU-IMF bailout loan.(ANA-MPA)

    Papandreou asked for national consensus on fundamental axes, and a referendum on the major changes which, he said, will be contained in an amended Constitution.(ANA-MPA)

    The axes for the national understanding he is seeking include acknowledgement that the debt and deficits constitute a national problem and that "we must be the first to put our house in order", that the fundamental choice of an organised confrontation of the Greek debt together with the country's European partners should be averting abrupt market reactions, that the debt and deficits are the symptom of the illness and not the cause, that Greece will not be able to borrow (on the international markets) in 2012 "and this is an unexpected new complication that we need to look straight in the eye, and not with our heads buried in the sand", Papandreou elaborated.(ANA-MPA)

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