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Athens Macedonian News Agency: News in English, 16-05-11

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

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

CONTENTS

  • [01] Mitsotakis: Government is condemning the country to perpetual austerity

  • [01] Mitsotakis: Government is condemning the country to perpetual austerity

    The pledge, on Greece's side, to maintain primary surpluses of 3.5 pct for the next 15 years, which are not achievable, are condemning the country to a perpetual austerity program, main opposition leader Kyriakos Mitsotakis said on Wednesday during an interview with public broadcaster ERT.

    He said talks on Greece's debt are a positive step but it is not new, as the commitment for some form of debt relief existed since 2012, but now the price the country will have to pay is heavy and the government hasn't secured any specific commitment. The New Democracy leader then said Europeans also share responsibility for not keeping their promise on Greek debt.

    Concerning the proposal presented today by the head of the European Stability Mechanism (ESM), Klaus Regling, is interesting, adding that Greece wants to secure low interest rates and an extension of the repayment period.

    Asked whether his party has changed its strategy on demanding elections, Mitsotakis said the request to remove the government remains as timely as ever.


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