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Athens Macedonian News Agency: News in English, 14-12-08

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

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

CONTENTS

  • [01] An extension of the memorandum will not be a national disaster, ND's Georgiadis says

  • [01] An extension of the memorandum will not be a national disaster, ND's Georgiadis says

    An extension of the memorandum for a few months will not be a national disaster, New Democracy parliamentary spokesman Adonis Georgiadis said on Monday in an interview with ANA-MPA, noting, however, that this is his personal view.

    "Certainly, it will be ideal if Greece could achieve a one-month technical extension and a simultaneous exit to the markets through the credit line. This is the ideal development and we all hope that the government will achieve it. However, it will not be a national disaster if there is an extension for a few months. What is important is that the transition from the old era to the new one to be done safely, to 'close' the agreement and that the time schedule regarding the exit from the memorandum is clearly set. This is the major issue. The government has to overcome the political uncertainty, which indeed makes the negotiation rather difficult. This is the truth," he explained.

    Georgiadis also noted: "It is in our common interest, Greece's and the troika's, to settle that issue and Greece to turn page. It would be a great success for them too. On the other hand, we must acknowledge that the political uncertainty in the country, provokes, and more specifically the fact that in case of elections, we may have a new government which intends, as it says, to overturn all the laws that led us to primary surpluses and balanced budgets. So it is reasonable to be concerned and to raise the bar in order to cover their backs."

    The full interview of Adonis Georgiadis is available for subscribers to ANA-MPA website.


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